Indigo Exploration Inc. Closes First Tranche of Non-brokered Private Placement

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[{"type":"text","content":"\nIndigo Exploration Inc. Closes First Tranche of Non-brokered Private PlacementVancouver, British Columbia--(Newsfile Corp. - December 17, 2014) - Indigo Exploration Inc. (TSXV: IXI) (FSE: INE) reports that it has closed the first tranche of a previously announced non-brokered private placement.\n\nIn connection with the closing of the first tranche, the Company has issued 5,125,000 Units, priced at $0.02 per Unit, for gross proceeds of $102,500. Each Unit is comprised of one common share and one share purchase warrant, with each \nwhole warrant entitling the holder to purchase one additional common share, at an exercise price of $0.05 per share, prior to December 17, 2017. \n\nA finder’s fee of $5,400, equal to 6% of certain found subscriptions to the private placement, has been paid to Haywood Securities Inc. \n\nSecurities issued pursuant to the private placement are subject to a four month hold until April 18, 2015. \n\nProceeds of the private placement will be used for general working capital.\n\nOn Behalf of the Board of Directors, \n “Paul Cowley” \n\nPresident and CEO \n\nFor further information, please contact: \nPaul Cowley: (604) 340-7711\n\nWebsite: www.indigoexploration.com \n\nNeither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. \n\t\t\t\n\t\t\t\tcopyright (c) newsfile corp. 2014. all rights reserved\n\t\t\t\n \n","length":1906,"tagName":"div"}]

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