Business
COGITORE RESOURCES INC. ANNOUNCES CLOSING OF OF PRIVATE PLACEMENT FINANCING
Apr. 1, 2011 (Canada NewsWire Group) -- /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR...
About this update from Copper Road Resources Inc
[{"type":"text","content":"\n\n\n Apr. 1, 2011 (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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\n\n\nTORONTO, April 1 /CNW/ - Cogitore Resources Inc. (the "Company") (WOO:\n TSX-V) is pleased to announce that it has closed the non-brokered\n private placement of flow-through common shares (the "Offering")\n announced in its press releases of March 14 and March 24, 2011.\n\n\n4,000,000 flow-through common shares of the Company were issued at a\n price of $0.26 per flow-through common share for aggregate gross\n proceeds of $1,040,000. The Company paid a cash commission equal to 5%\n of certain gross proceeds of the Offering to participating registered\n dealers for an aggregate total of $27,600.\n\n\nThe proceeds of the Offering will be used to fund the Company's ongoing\n exploration program.\n\n\nThe common shares issued at closing are subject to resale restrictions\n pursuant to applicable securities laws requirements and notably to a\n hold period of four months plus one day from the closing date.\n Following the closing of the Offering, the Company will have 64,280,888\n common shares issued and outstanding. The Offering remains subject to\n final acceptance by the TSX Venture Exchange.\n\n\nA number of insiders participated in the Offering, thereby making the\n Offering a "related party transaction" as defined under Multilateral\n Instrument 61-101 ("MI 61-101"). The Offering ...