NEWS RELEASE - February 18, 2009
DUMONT NICKEL INC. (DNI : TSX-Ven, DG7 : Frankfurt)
DUMONT COMPLETES SECOND TRANCHE INTERIM FINANCING FOR ALBERTA POLYMETALLIC BLACK SHALE PROJECTS
DUMONT NICKEL INC. (DNI:TSX-Ven, DG7:FSE) is pleased to announce that it has completed the second, and final, tranche of a non-brokered private placement of non-flow-through shares, with arm's length and non-arm's length parties, for total proceeds of $22,000 pursuant to terms announced December 30, 2008. The securities issued under the private placements are subject to a four-month hold period expiring on June 19, 2009.
The financing consisted of placement of 2,200,000 units at a price of one cent per unit, each unit consisting of one common share and one common share purchase warrant entitling the holder to purchase an additional common share of the company at a price of five cents for a period of twelve months from closing. Non-arm's length parties participated in the placements to an aggregate of $12,000.
Proceeds of the financing will be applied toward ongoing work on DUMONT's polymetallic shale Properties in Alberta, and toward meeting short term operating working capital requirements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
DNI - TSX Venture
DG7 - Frankfurt
Issued: 132,848,010 (135,048,010 post financing)
Link to release on Canada Newswire:
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VanEck Vectors Global Alternative Energy ETF
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EXPLORATEUR |
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CODE : DNI.V |
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ISIN : CA23327V1094 |
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Dumont Nickel est une société d’exploration minière de nickel basée au Canada. Dumont Nickel détient divers projets d'exploration en USA et au Canada. Ses principaux projets en exploration sont CANE SPRINGS et REDWALL URANIUM en USA et ATTAWAPISKAT DIAMOND PROPERTY, RATTLER, JAMES BAY LOWLANDS CLAIMS et TORNGAT au Canada. Dumont Nickel est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 3,1 millions (2,4 millions US$, 2,1 millions €). La valeur de son action a atteint son plus haut niveau récent le 09 mars 2007 à 9,60 , et son plus bas niveau récent le 30 décembre 2015 à 0,06 . Dumont Nickel possède 47 442 200 actions en circulation. |