Business

Jasper Mining Corp. completes $133,000 non-brokered financing

Trading Symbol: JSP (TSX-V) CALGARY, April 4 /CNW/ - Jasper Mining Corporation (the "Company") ha...

articleTuktu Resources LtdApril 4, 20084/company/tuktu-resources-ltd/news/jasper-mining-corp-completes-dollar133000-non-brokered-financing
Jasper Mining Corp. completes $133,000 non-brokered financing

About this update from Tuktu Resources Ltd

[{"type":"text","content":"\n\n\n\nTrading Symbol: JSP (TSX-V)\n\n\nCALGARY, April 4 /CNW/ - Jasper Mining Corporation (the "Company") has\ncompleted the non-brokered private placement financing announced on March 7,\n2008. This private placement was originally announced as a brokered private\nplacement which was in error. The Company raised $133,000 through the sale of\n380,000 units, each unit consisting of a common share and a one-half share\npurchase warrant. The financing was placed with accredited investors. The\n380,000 common shares and any shares acquired on exercise of the warrants are\nsubject to a four month hold period. The share purchase warrants permit the\npurchase of 190,000 shares at an exercise price of $0.50 per share until\nSeptember 14, 2009.\n\n\nIn addition to a cash fee of $6,650.00 the Company has also issued\nfinder's share purchase warrants to purchase 38,000 shares at an exercise\nprice of $0.35 per share until September 14, 2009.\n\n\nThe TSX Venture Exchange's final acceptance bulletin is expected in the\nordinary course.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\n\n\nresponsibility for the adequacy or accuracy of this release.\n\n\n","length":1241,"tagName":"div"}]

More updates from Tuktu Resources Ltd