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Canyon Closes $1,500,000 Private Placement Financing

Canyon Closes $1,500,000 Private Placement Financing Vancouver, British Co...

articleSearchlight Resources Inc.September 27, 20173/company/searchlight-resources-inc/news/canyon-closes-dollar1500000-private-placement-financing
Canyon Closes $1,500,000 Private Placement Financing

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[{"type":"text","content":"Canyon Closes $1,500,000 Private Placement Financing \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t }\n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\n\n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\n\n\t\t\t H1.nr-head {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\n\t\t\t }\n\n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\n\t\t\t .nr-body a { font-size: 11pt !important;\n\t\t\t }\n\n\t\t\t TABLE { width: auto!important;\n\t\t\t }\n\n\t\t Canyon Closes $1,500,000 Private Placement Financing\n Vancouver, British Columbia (FSCwire) - Canyon Copper Corp. (“Canyon”) (TSX-V: CNC) is pleased to announce that it has closed its private placement financing previously announced on August 22, 2017 by issuing a total of 15,000,000 units (“Units”) for gross proceeds of $1,500,000. Each Unit consists of one common share of Canyon (each, a “Share”) and one-half non-transferable share purchase warrant (each, a “Warrant”), with each Warrant entitling the holder to purchase one additional Share at a price of $0.15 per Share for a period of two years following the date of issuance.\n\n \n\nIn connection with the proceeds raised under the private placement financing, Canyon paid finders cash commissions totaling $56,000, and 560,000 brokers warrants, with each Warrant entitli...

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