Zadar Ventures Agrees to $1,248,000 Private Placement

 Zadar Ventures Ltd. (TSXV:ZAD) re-negotiated the terms of its private placement with Global Resources Investments Ltd and has agreed to raise $1,248,000 through the sale of 4,160,000 common shares, at a price of $0.30 per share.
As quoted in the press release:

In consideration for acquiring the Zadar shares, GRIT will issue and deliver to Zadar 676,129 ordinary shares of GRIT at £1.00 per share (the “GRIT Shares”). Zadar will then sell the GRIT Shares through the facilities of the London Stock Exchange to realize the private placement proceeds.

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