Business
African Aura Mining Inc. - TSX VENTURE EXCHANGE APPROVAL AND CLOSING OF PLACING
African Aura Mining Inc. - TSX VENTURE EXCHANGE APPROVAL AND CLOSING OF PLACING
About this update from Affinity Metals Corp
[{"type":"text","content":"\n\n\n\n Dec. 2, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR\n PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE\n UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION,\n RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL/ \n\n\nTSX-V: AUR\nAIM: AAAM\n\n\nLONDON, England, Dec. 2 /CNW/ - African Aura Mining Inc. ("African Aura" or the "Company") the TSX-V (AUR) and AIM (AAAM) listed exploration and development\n company with divisions focused on iron ore and gold projects in\n sub-Saharan Africa, is pleased to announce that, further to the\n Company's news release dated 26 November 2010, the Company has received\n TSX Venture Exchange approval for and closed its placement of\n 13,515,797 common shares in the capital of the Company ("Common\n Shares") at 150 pence per share, for aggregate gross proceeds of\n approximately £20.3 million (c. US$32.0 million).\n\n\nIn consideration for its services as underwriter in connection with the\n placement, the Company has agreed to pay Evolution Securities Limited a\n cash commission of £857,034.\n\n\nCertain of the shares issued in the placement, being those placed to\n insiders of the Company, are subject to a hold period and may not be\n traded in Canada until 3 April 2011, except as permitted by applicable\n Canadian securities laws and the TSX Venture Exchange.\n\n\nRestricted Jurisdiction\nThe new Comm...