Consolidated Woodjam Copper Proposed Private Placement
11 Décembre 2013 - 11:28PM
Access Wire
Vancouver, BC, December 11, 2013 - Consolidated
Woodjam Copper Corp. ("Woodjam Copper") (TSX-V: WCC) has entered into non-brokered private
placement agreements, subject to regulatory approval, for the sale
of 2,240,000 units at a price of $0.05 per unit (each unit
comprising one non-flow-through common share and one warrant for
the purchase of one additional common share at a price of $0.07 per
share for a term of five years from the date of closing of the
private placement).
Total gross proceeds of the offering
will be $112,000.
The company shall pay no fees or
commissions on behalf of the placement.
The proceeds of the offering shall
be applied to administration costs since all exploration costs for
the Woodjam property are currently being funded by a subsidiary of
Gold Fields Limited (JSE, NYSE,
NASDAQ, Dubai - Symbol: GFI).
This offering is subject to approval
of the TSX Venture Exchange.
On behalf of the board of directors
of Consolidated Woodjam Copper Corp.;
Donald D. Sharp
Donald D. Sharp, C.A.
Director & CFO
Consolidated
Woodjam Copper Corp.
Contact: Paul Way,
Business Development Manager
(604) 681-7913
Toll Free: 888-656-6611
pway@eastfieldgroup.com
About Consolidated
Woodjam Copper Corporation
Consolidated Woodjam Copper Corp. ("Woodjam
Copper") (TSX-V: WCC) trades on the TSX-V
exchange and currently owns a 49% interest in the Woodjam North and
Woodjam South properties which are under option to Gold Fields who
own a 51% interest and may earn a further 19% to total a 70%
interest in the properties. In 2012, Woodjam Copper published an
initial Southeast Zone NI 43-101 compliant inferred resource of
146.5 million tons grading 0.33% copper (pit constrained). This
resource was updated as of May 15, 2013 to 227.5 Mt grading 0.31%
copper. Visit the Company's website at: http://www.woodjamcopper.com
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