Business
Finlay Minerals Ltd. - $1,200,000 Private Placement Initiated
Finlay Minerals Ltd. - $1,200,000 Private Placement Initiated.
About this update from Finlay Minerals Ltd.
[{"type":"text","content":"\n\n\n\nVANCOUVER, March 28 /CNW/ - Further to News Release dated March 26, 2007\nthe flow-through private placement of 4,347,826 flow-through units at $0.23\nper unit with the MineralFields Group. Each flow-through unit consists of 1\nflow-through common share, and one non-flow-through share purchase warrant\n(with a term of 24 months, and an exercise price of $0.35 in year 1 and $0.50\nin year 2 rather than $0.40 in year 2 as earlier announced) for total gross\nproceeds of up to $1,000,000.\n\n\nFor further information and details please visit the Company website at\nwww.finlayminerals.com\n\n\nOn behalf of the Board of Directors,\n\n\nJohn Barakso, Director\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\n\n\nresponsibility for the adequacy or the accuracy of this release.\n\n\n","length":867,"tagName":"div"}]