Jasper Mining Corporation announces private placement to raise up to $111,000

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[{"type":"text","content":"\n\n\n\nTrading Symbol: JSP (TSX-V)\n\n\nCALGARY, Sept. 25 /CNW/ - Jasper Mining Corporation (TSXV:JSP) is pleased\nto announce a non-brokered private placement of up to $111,000 through the\nsale of up to 300,000 flow-through units at $0.37 per unit. Each flow-through\nunit will consist of 1 flow-through common share and 1 common share purchase\nwarrant (with a term of 24 months, and an exercise price of $0.75 in year 1\nand $1.00 in year 2). All of the securities issued pursuant to this offering\nwill have a hold period of four months after the closing date.\n\n\nThe private placement will result in the issuance of up to 300,000\nflow-through common shares and 300,000 share purchase warrants.\n\n\nA finders fee of 5% will be payable to the placee.\n\n\nThis News Release is being issued in accordance with TSX Venture Exchange\nprocedure which requires a Press Release be made that discloses the material\ndetails of the private placement.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of this release.\n\n\n","length":1171,"tagName":"div"}]

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