Newmac Resources Arranges $700,000 Private Placement
June 8,
2007
Newmac Resources
Inc. (TSX-V: NER) has negotiated,
subject to acceptance by the TSX Venture Exchange, a private placement of up to
$700,000 with certain placees. This placement is in addition to the previously
announced private placement of up to $1-million (see Stockwatch, May 16, 2007).
These funds will be raised by the company issuing:
- 300,000 flow-through (FT) units at a price of 40 cents
per FT unit, each FT unit consisting of one flow-through common share and
one-half of a non-transferable share purchase warrant, each warrant entitling
the holder thereof to purchase one additional non-flow-through common share,
exercisable for a period of one year from the date of issuance at a price of
60 cents per share;
- One million non-flow-through (NFT) units at a price of 40
cents per NFT unit, each NFT unit consisting of one non-flow-through common
share and one non-transferable share purchase warrant, each warrant entitling
the holder thereof to purchase one additional non-flow-through common share,
exercisable for a period of one year from the date of issuance at a price of
50 cents per share.
Proceeds from the FT unit private placement will be used to
explore the company's properties located in British Columbia. This exploration
work will qualify as Canadian exploration expense for the purposes of the Income
Tax Act (Canada), which will then be renounced by the company to the placees.
The remaining proceeds will be used for general working
capital purposes. A finder's fee of 7.5 per cent will be paid on the proceeds of
this private placement.
We seek Safe Harbor.
Dale Paruk
Coal Harbor Communications Inc.
Suite 701, 555 Jervis Street
Vancouver BC
Canada V6E 4N1
Tel: 604-662-4505
Fax: 604-662-4547
 
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Newmac Resources Inc.
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CODE : NER.V |
ISIN : CA6515223023 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Newmac Resources est une société d’exploration minière de molybdène et de tungsten basée au Canada. Newmac Resources détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont NEWMAC PROJECT, CHILANKO PROPERTY et CRAZY FOX au Canada. Newmac Resources est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 2,8 millions CA$ (2,2 millions US$, 2,0 millions €). La valeur de son action a atteint son plus bas niveau récent le 24 décembre 2008 à 0,02 CA$, et son plus haut niveau récent le 26 novembre 2010 à 4,00 CA$. Newmac Resources possède 9 716 042 actions en circulation. |