AurCrest Re-Prices Financing
17 Dicembre 2010 - 2:00PM
Marketwired
AurCrest Gold Inc. ("AurCrest" or the "Company") (TSX VENTURE: AGO)
wishes to announce that it is re-pricing its offering announced on
December 3, 2010.
AurCrest will offer up to 10,000,000 units of the Company at a
price of $0.185 per unit for gross proceeds of up to $1,850,000
(the "Offering"). Each unit (a "Unit") will consist of one (1)
common share of the Company and one-half (1/2) share purchase
warrant (each a "Warrant"). Each full Warrant will entitle the
holder to acquire an additional common share at the price of $0.30
per share for twelve (12) months following Closing. The Company may
pay finder's fees of up to 8% cash plus up to 8% Compensation
Options for funds raised by eligible finders. Each Compensation
Option entitles the finder to purchase one (1) common share of the
Company at a price of $0.185 for one year from Closing.
The Company also wishes to announce that, further to its press
release issued October 22, 2010 and November 25, 2010, it has
settled an aggregate of $423,293.33 of insiders' debts owed to six
(6) insiders of the Company in consideration for the issuance of
2,257,561 common shares of the Company valued at $0.1875 per share.
The securities issued will be restricted from trading until April
18, 2011.
The financing is subject to regulatory approval.
Cautionary Note Regarding Forward-Looking Statements:
This Press Release contains forward-looking statements that
involve risks and uncertainties, which may cause actual results to
differ materially from the statements made. When used in this
document, the words "may", "would", "could", "will", "intend",
"plan", "anticipate", "believe", "estimate", "expect" and similar
expressions are intended to identify forward-looking statements.
Such statements reflect our current views with respect to future
events and are subject to such risks and uncertainties. Many
factors could cause our actual results to differ materially from
the statements made, including those factors discussed in filings
made by us with the Canadian securities regulatory authorities.
Should one or more of these risks and uncertainties, such actual
results of current exploration programs, the general risks
associated with the mining industry, the price of gold and other
metals, currency and interest rate fluctuations, increased
competition and general economic and market factors, occur or
should assumptions underlying the forward looking statements prove
incorrect, actual results may vary materially from those described
herein as intended, planned, anticipated, or expected. We do not
intend and do not assume any obligation to update these
forward-looking statements, except as required by law. Shareholders
are cautioned not to put undue reliance on such forward-looking
statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: AurCrest Gold Inc. Ian Brodie-Brown President and
C.E.O. (416) 368-2929 (416) 601-1450 (FAX) info@tributeminerals.com
www.tributeminerals.com
Grafico Azioni Big Tree Carbon (TSXV:AGO)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Big Tree Carbon (TSXV:AGO)
Storico
Da Giu 2023 a Giu 2024