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Jasper Mining Corporation Closes $137,200 private placement with First Merchants Capital Inc.

Trading Symbol: JSP (TSX-V) CALGARY, Jan. 23 /CNW/ - Jasper Mining Corporation (TSXV:JSP) is plea...

articleTuktu Resources LtdJanuary 23, 20095/company/tuktu-resources-ltd/news/jasper-mining-corporation-closes-dollar137200-private-placement-with-first-merchants-capital-inc
Jasper Mining Corporation Closes $137,200 private placement with First Merchants Capital Inc.

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[{"type":"text","content":"\n\n\n\nTrading Symbol: JSP (TSX-V)\n\n\nCALGARY, Jan. 23 /CNW/ - Jasper Mining Corporation (TSXV:JSP) is pleased\nto announce that it has completed the non-brokered private placement announced\nin its news release of November 13, 2008.\n\n\nThe Corporation issued 490,000 flow-through units ("FT Units") at a price\nof $0.28 per FT Unit for gross proceeds to the Company of $137,200. All of the\nsecurities issued pursuant to this private placement are subject to a hold\nperiod which expires on May 1, 2009.\n\n\nFirst Merchants Corporation received a cash commission of $8,220.00.\nFurther, 19,600 finders options were issued to First Merchants Capital Inc..\nThe finder's options are exercisable at a price of $0.50 with an expiry date\nof June 30, 2010. The finder's options are subject to a hold period which\nexpires May 1, 2009.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\nresponsibility for the adequacyor accuracy of this release.\n\n\n","length":1061,"tagName":"div"}]

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