RJK announces closing of private placement
15 Mai 2012 - 6:41AM
PR Newswire (Canada)
KIRKLAND LAKE, ON, May 15, 2012 /CNW/ - RJK Explorations Ltd. (the
"Company") is pleased to announce that it has closed a non-brokered
private placement (the "Offering"). Pursuant to the Offering,
3,126,000 "flow-through" units of securities (each, a "Unit") were
issued at a price of $0.25 per Unit, raising gross proceeds of
$781,500 Each Unit consists of one Class A subordinate voting share
of the Company (each, a "Share") and one-half of one non flow
through warrant (each whole warrant, a "Warrant"), with each
Warrant entitling the holder to purchase one Share at a price of
$0.30 for a 12-month period. The Company has also issued 238,880
finders units (each a "Finder Unit") in connection with certain
subscriptions under the Offering. Each Finder Unit consists of one
Share and one-half of one warrant (each such whole warrant, a
"Finder Warrant" entitling the holder to purchase one Share at a
price of $0.30 for a 12 month period. The securities issued under
the Offering are subject to a hold period expiring on September 16,
2012. The proceeds raised from the issuance of the Units will be
used to fund exploration work on the Company's Blackwater
Properties, British Columbia. Forward-Looking Information This news
release contains forward-looking information which is not comprised
of historical facts. Forward-looking information involves risks,
uncertainties and other factors that could cause actual events,
results, performance, prospects and opportunities to differ
materially from those expressed or implied by such forward-looking
information. Forward looking information in this news release
includes, but is not limited to, the Company's anticipated use of
proceeds from the Offering. Factors that could cause actual results
to differ materially from such forward-looking information include,
but are not limited to, failure to obtain TSX Venture Exchange
approval of the Offering, general business and economic
uncertainties, future mineral prices and adverse market conditions,
as well as those risks set out in the Company's public documents
filed on SEDAR. Although the Company believes that the assumptions
and factors used in preparing the forward-looking information in
this news release are reasonable, undue reliance should not be
placed on such information, which only applies as of the date of
this news release, and no assurance can be given that such events
will occur. The Company disclaims any intention or obligation to
update or revise any forward-looking information, whether as a
result of new information, future events or otherwise, other than
as required by law. Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. RJK Explorations Ltd.
CONTACT: Glenn Kasner, PresidentTelephone: (705) 567-5351Mobile:
(705) 568-7567kasner1@ntl.aibn.com
Copyright
RJK Explorations (TSXV:RJX.A)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
RJK Explorations (TSXV:RJX.A)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024
Real-Time news about RJK Explorations Ltd (TSX Venture Exchange): 0 recent articles
Plus d'articles sur Rjk Explorations Ltd. CL A Sv