Puma Exploration Closes Private Placements for $1,462,860
23 Dezembro 2013 - 11:00AM
Marketwired
Puma Exploration Closes Private Placements for $1,462,860
RIMOUSKI, QUEBEC--(Marketwired - Dec 23, 2013) - Puma
Exploration (TSX-VENTURE:PUM) announces the closing of two
non-brokered private-placement financings of flow-through units
with qualified investors. The company issued 6,965,999 units at an
issue price of $0.21 per flow-through unit for gross proceeds of
$1,462,860. The flow-through units comprise one flow-through common
share and one-half of one common share purchase warrant. Each full
warrant will entitle its holder to acquire one additional common
share of Puma at a price of $0.30 for 24 months.
In connection with the flow-through private placements, the
company has paid a cash finder's fee of amount of $112,937 and
issued 529,800 finder's warrants that entitle the holder to acquire
one additional common share of Puma at a price of $0.21 for 24
months. All securities issued to purchaser and finder under the
offerings are subject to a four-month hold period from the date of
issuance of the securities, pursuant to applicable securities
legislation and the policies of the TSX Venture Exchange. The
placements have received the conditional approval of the TSX
Venture Exchange.
About Puma Exploration
Puma Exploration is a Canadian mineral exploration company with
advanced precious and base metals projects in Canada. The Company's
major assets are the Nicholas-Denys Project and Turgeon Copper
Project in New Brunswick and the Little Stull Lake Gold Project in
Manitoba. Puma is focusing its exploration efforts in New
Brunswick, Canada, which has been ranked as one of the top five
places in the world to conduct mining exploration by the 2013
Fraser Institute Survey.
Learn more by clicking here: www.pumaexploration.com.
The contents of this press release were prepared by Marcel
Robillard. a Qualified Person as defined in NI 43-101. 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.
Forward-Looking Statements: This press release may contain
forward-looking statements. Such forward-looking statements involve
a number of known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or
achievements of Puma Exploration Inc. to be materially different
from actual future results and achievements expressed or implied by
such forward-looking statements. Readers are cautioned not to place
undue reliance on these forward-looking statements which speak only
as of the date the statements were made, except as required by law.
Puma Exploration undertakes no obligation to publicly update or
revise any forward-looking statements. These risks and
uncertainties are described in the quarterly and annual reports and
in the documents submitted to the securities
administration.
Marcel Robillard. PresidentPuma Exploration(418)
724-0901president@explorationpuma.comMore informationToll free:
(800) 321-8564
Puma Exploration Inc. (TSXV:PUM)
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