Probe Mines 6.2-million-share private placement

2011-11-14 17:44 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced Oct. 24, 2011.

Number of shares: 6.2 million flow-through shares

Purchase price: $2.45 per share

Number of placees: 63 placees

Agent's fee: A total of $911,400 in cash and 372,000 broker warrants payable to BMO Nesbitt Burns and Jennings Capital Inc. (Each broker warrant entitles the holder to acquire one common share at $2.25 for a two-year period.)