Business
Clean Commodities Corp. Closes First Tranche of Financing
Clean Commodities Corp. Closes First Tranche of Financing Canada NewsWire VANCOU...
About this update from Dixie Gold Inc.
[{"type":"text","content":"\n\n\n\nClean Commodities Corp. Closes First Tranche of Financing\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Dec. 13, 2017\n\n\n\nVANCOUVER, Dec. 13, 2017 /CNW/ - Clean Commodities Corp. (TSX VENTURE:CLE)(FRANKFURT:A2ALYM)(\"Clean Commodities\" or the \"Corporation\") is pleased to report that is has closed the first tranche of its previously announced private placement (see news releases dated December 5, 2017 and November 30, 2017)(the \"Financing\") through the issuance of 17,870,000 units for gross proceeds of $1,340,250.00 (the \"First Tranche\").\n\nThe Corporation also advises that the balance of the remaining units of the Financing have been fully allocated and a final tranche closing is expected in the coming days.\n\nThe units issued in the First Tranche were issued pursuant the terms announced and are subject to a four month hold period per applicable Canadian securities laws.\n\nThe Corporation paid cash finder's fees on certain subscriptions within the First Tranche equal to 7% and issued finder's fee warrants equal to 7% on certain subscriptions within the First Tranche exercisable at a price of $0.10 for a two year period following closing.\n\nSubsequent to the First Tranche, the Corporation has 98,105,511 shares outstanding. \n\nAbout Clean Commodities Corp.\n\nClean Commodities Corp. (TSXV:CLE) is an exploration company involved in a diverse portfolio of clean commodity assets including lithium and uranium projects. For more information, please visit www.cleancommodities.com.\n\nSigned,\n\nRyan Kalt, Chief Executive Officer \n\nForward-Looking Statements \n\nThis news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently expected or forecast in such statements.\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the a...