Armadillo Resources arranges $150,000 private placement

Jun 27, 2013

Armadillo Resources Ltd. has arranged a non-brokered private placement is being arranged for $150,000, subject to regulatory approval. The offering consists of three million units at five cents per unit. Each unit consists of one common share and 60 per cent of one share purchase warrant. Each full warrant entitles the holder to purchase one additional share at an exercise price of five cents per share for a period of one year. This press release does not constitute an offer to sell, or does it...

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Lomiko Metals arranges $500,000 private placement

Jun 27, 2013

Lomiko Metals Inc. has entered into an agreement with Secutor Capital Management Corp. to finance a private placement of up to $500,000 through the sale of up to 7,142,857 flow-through units of the company priced at seven cents per unit. Each flow-through unit will consist of one flow-through common share and one-half of one transferable non-flow-through share purchase warrant, each full warrant being exercisable at a price of 14 cents for a period of 12 months after the closing date. The...

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