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Jasper Mining Corporation announces private placement to raise up to $2,500,000 by the issuance of flow-through shares
Trading Symbol: JSP (TSX-V) CALGARY, Oct. 27 /CNW/ - Jasper Mining Corporation (the "Company") is...
About this update from Tuktu Resources Ltd
[{"type":"text","content":"\n\n\n\nTrading Symbol: JSP (TSX-V)\n\n\nCALGARY, Oct. 27 /CNW/ - Jasper Mining Corporation (the "Company") is\npleased to announce a non-brokered private placement of up to 6,756,757\nflow-through units at $0.37 per unit for a total amount of up to $2,500,000.\nEach unit will consist of 1 common share and 1 common share purchase warrant\nwith a term of 18 months, and an exercise price of $0.75. The flow-through\ncommon shares and warrants will have a hold period of four months.\n\n\nThe private placement will result in the issuance of up to 6,756,757\ncommon shares, and up to 6,756,757 share purchase warrants.\n\n\nA finders fee of 6% will be payable to First Merchants Capital Inc., and\nFirst Merchants Capital Inc.,will be granted a finder's fee option equal to 4%\nof the total number of units subscribed for, at an exercise price of $0.50\nwith a term of 18 months.\n\n\nThis News Release is being issued in accordance with TSX Venture Exchange\nprocedure which requires a News 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":1298,"tagName":"div"}]