Did you know?
You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)
Non-Brokered Financing
posted on
May 23, 2009 12:20PM
May 22, 2009
Donner Metals Ltd.: Non-Brokered Financing
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 22, 2009) -
NOT FOR DISSEMINATION INTO THE UNITED STATES OF AMERICA OR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
Mr. David Patterson, Chairman of Donner Metals Ltd. (TSX VENTURE:DON) (FRANKFURT:D4M), reports that the Company is undertaking a non-brokered private placement in an amount of up to $1,500,000. The funds in this private placement will be raised by the Company by issuing non flow-through ("NFT") Units at a price of $0.15 per NFT Unit, each NFT Unit is comprised of one common share and one warrant, each whole warrant is exercisable into one common share at a price of $0.25 for two years.
Fees and commissions will be payable in connection with the private placement. The private placement is subject to the approval of the TSX Venture Exchange.