Business
/C O R R E C T I O N from Source -- Cogitore Resources Inc./
/C O R R E C T I O N from Source -- Cogitore Resources Inc./.
About this update from Copper Road Resources Inc
[{"type":"text","content":"\n\n\n\n\nIn c6630 transmitted at 13:09e today, an error occurred in the headline.\nThe headline should have read: \"Cogitore Resources Inc. Completes Private\nPlacement Financing\" and not: \"Cogitore Resources Inc. Announces Private\nPlacement Financing\". Corrected copy follows:\n\nCogitore Resources Inc. Completes Private Placement Financing\n\nTORONTO, Sept. 15 /CNW/ - Cogitore Resources Inc. (the \"Company\") (WOO,\nTSX-V) is pleased to announce that on September 15, 2006 the Company completed\nits previously announced private placement of 2,000,000 Flow-Through Shares at\n$1.05 per Share to raise $2,100,000.\nAs previously disclosed, when accepted by the Company, the Company\nprotected offers received from registered investment dealers. The Company\nprotected offers from Haywood Securities Inc., Jones, Gable & Company Ltd.,\nNorthern Securities Inc. and BMO Nesbitt Burns. As consideration for their\nservices, these investment dealers were paid a 5% commission for an aggregate\ntotal of $14,962.50. As well, an individual finder was paid a 5% commission\nfor his services in the amount of $5,250.\nThe Common Shares are subject to resale restrictions pursuant to\napplicable securities laws requirements and notably to a hold period of four\nmonths plus one day from the closing date.\nThe proceeds of the Offering will be used to fund the Company's 2006-2007\nexploration program. The Company wishes to aggressively continue exploration\non its 100% owned Scott Lake property and has also begun a fall drilling\ncampaign on the 70% owned Lemoine property.\nThe Company now has 22,188,873 common shares issued and outstanding.\n\nThe Company has developed a strategic focus on base metal exploration in\nprospective areas that also feature infrastructure favourable for mining\ndevelopment. Accordingly, it will focus its work in the Abitibi Belt of Quebec\nand Ontario, and in the Central Belt of Newfoundland.\n\nOn Behalf of the Board of Directors\nMark Goodman\nChairman of the Board\n\n-------------------------------------------------------------------------\nThe TSX Venture Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of this release.\n-------------------------------------------------------------------------\n\n\n\n","length":2319,"tagName":"div"}]