a MC of $3.5 million , ...lets not forget our last few offerings,..some of these now trading shares add to our share float. I suspect a share float of 50 + million and even more once fully dilluted. I see a MC of near tem ten million current, Aug 19, 2009 – Cougar Minerals Corp. – COU: CNSX (“Cougar” or the “Company”),
Further to Cougar Minerals Corp.'s news in Stockwatch of July 21, 2009, due to an
increase in demand, the company has increased its private placement offering from
seven million flow-through units at five cents per unit and seven million flow-through
shares at five cents per flow-through share to 16.34 million units and 9.35 million flowthrough
shares. The private placement will therefore now raise a total of $1,284,500 in
gross proceeds. Each unit will consist of one common share and one non-transferable
share purchase warrant, exercisable to acquire an additional share for two years at an
exercise price of five cents per share during the first year and 10 cents per share during
the second year from the date of closing. Finder's fees equal to 10 per cent of a portion
of the proceeds raised will be paid in cash to certain arm's-length finders, equal to a
total of $98,775.
The net proceeds from the financing will be used for general