Published on 1/24/2006 in the Prospect News PIPE Daily.
New Issue: Chilco River Holdings settles $2.05 million unit sale
By Sheri Kasprzak
New York, Jan. 24 - Chilco River Holdings Ltd. said it concluded a private placement for $2,048,500.
The company issued 1,365,667 units at $1.50 each to a foreign investor.
The units are comprised of one share and one warrant. The warrants are exercisable at $2.00 each for one year.
Based in Walnut, Calif., Chilco River is a mineral exploration company.
Issuer: | Chilco River Holdings Ltd.
|
Issue: | Units of one share and one warrant
|
Amount: | $2,048,500
|
Units: | 1,365,667
|
Price: | $1.50
|
Warrants: | One warrant per unit
|
Warrant expiration: | One year
|
Warrant strike price: | $2.00
|
Settlement date: | Jan. 20
|
Stock symbol: | OTCBB: CRVH
|
Stock price: | $2.80 at close Jan. 20
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.