Welcome To The Inspiration Mining HUB On AGORACOM

The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

Free
Message: Today's TSX Venture bulletin NZZ

Today's TSX Venture bulletin NZZ

posted on Nov 07, 2009 01:12AM

NITINAT MINERALS CORPORATION ("NZZ")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: November 6, 2009
TSX Venture Tier 2 Company

The Company's Amended and Restated Initial Public Offering ('IPO')
Prospectus dated September 4, 2009, has been filed with and accepted by TSX
Venture Exchange, and filed with and receipted by the British Columbia,
Alberta and Ontario Securities Commissions on September 9, 2009, pursuant to
the provisions of the British Columbia, Alberta and Ontario Securities Acts.
The gross proceeds received by the Company for the Offering were
$2,025,380 (4,950,200 units at $0.40 per unit and 75,500 flow through shares
at $0.60 per share). Each unit consists of one common share and one half of
one common share purchase warrant. Each whole warrant entitles the holder to
purchase one additional common share of the Company at $0.60 per share up to
November 2, 2010. The Company is classified as a 'mining' company.
The Company also completed a non-brokered private placement of an
aggregate of 25,000 units at the price of $0.40 per unit for total gross
proceeds of $10,000 to two (2) non arm's length parties. Each unit is
comprised of one common share of the Company and one-half of one common share
purchase warrant. Each whole warrant will entitle the holder to purchase one
additional common share of the Company at $0.60 per share until November 5,
2010.

Commence Date: At the opening Monday, November 9, 2009, the
Common shares will commence trading on TSX
Venture Exchange.

Corporate Jurisdiction: Ontario

Capitalization: unlimited common shares with no par value of
which
26,720,656 common shares are issued and
outstanding
Escrowed Shares: 16,645,599 common shares
127,695 warrants

Transfer Agent: Olympia Transfer Services Inc.
Trading Symbol: NZZ
CUSIP Number: 65477B 10 2

Agent(s)/Underwriter(s): First Canada Capital Partners Inc.
Agent's/Underwriter's Warrants: 304,542 non-transferable unit purchase
warrants.
One warrant to purchase one unit at $0.40 per share up to November 2,
2010. Each unit will have the same terms as the units of the Offering.
For further information, please refer to the Company's Amended and
Restated Prospectus dated September 4, 2009.

Company Contact: Wayne Isaacs
Company Address: 56 Temperance St., 10th Floor
Toronto, ON M5H 3V5

Company Phone Number: (416) 363-3582
Company Fax Number: (866) 288-3582
Company Email Address: wisaacs@deltauranium.com

TSX-X

Share
New Message
Please login to post a reply