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    Valterra Closes Second Tranche of Private Placement

    Investing News Network
    Nov. 30, 2012 02:20PM PST
    Gold Investing

    Valterra Resource Corporation (TSXV:VQA) announced the closing of the second tranche of its recent financing. The Company raised an aggregate of $1,287,300. Valterra raised gross proceeds of $41,000 in the closing.

    Valterra Resource Corporation (TSXV:VQA) announced the closing of the second tranche of its recent financing. The Company raised an aggregate of $1,287,300. Valterra raised gross proceeds of $41,000 in the closing of the second tranche.

    As quoted in the press release:

    Each Unit consists of one non-flow-through common share and one-half share purchase warrant, with each whole warrant exercisable to purchase one additional non-flow-through common share at an exercise price of $0.12 per share for a period of two years. All securities issued in this second tranche, including common shares, share purchase warrants, and finders’ warrants issued as finders’ fees, include a legend restricting trading of the securities until March 31, 2013.

    Click here to read the Valterra Resource Corporation (TSXV:VQA) press release

    See this press release on Marketwire
    Click here to see the Valterra Resource Corporation (TSXV:VQA) profile

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