Cavan Ventures arranges $300,000 private placement
CAVAN ANNOUNCES FLOW-THROUGH FINANCING Cavan Ventures Inc. has arranged a non-brokered private placement of up to five million flow-through units at a price of six cents per unit for total gross proceeds of $300,000. Each unit will comprise one flow-through common share and one non-flow-through share purchase warrant of the company. Each warrant will entitle the holder to purchase one share for a period of 24 months from the closing date at an exercise price of 10 cents per warrant share. The...
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