Jasper Mining Corp. completes $367,500 non-brokered financing

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[{"type":"text","content":"\n\n\n\nTrading Symbol: JSP (TSX-V)\n\n\nCALGARY, March 4 /CNW/ - Jasper Mining Corporation (the "Company") has\ncompleted the non-brokered private placement financing announced on February\n25, 2008 to raise $367,500 through the sale of 1,050,000 units, each unit\nconsisting of a common share and a one-half share purchase warrant. The\nfinancing was placed with accredited investors. The 1,050,000 common shares\nand any shares acquired on exercise of the warrants are subject to a four\nmonth hold period. The share purchase warrants permit the purchase of 525,000\nshares at an exercise price of $0.50 per share until September 3, 2009.\n\n\nIn addition to a cash fee of $18,375, the Company has also issued\nfinder's share purchase warrants to purchase 105,000 shares at an exercise\nprice of $0.35 per share until March 3, 2010.\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":1132,"tagName":"div"}]

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