New Issue: Sacre-Coeur Minerals seals C$3.25 million private placement of units

By Devika Patel

Knoxville, Tenn., Aug. 26 - Sacre-Coeur Minerals Ltd. said that it took in another C$1 million in the second tranche of a C$3.25 million non-brokered private placement of units.

The company sold a total of 4,998,953 units at C$0.65 per unit, with 3,449,722 units sold in the first tranche and 1,549,231 units sold in the second tranche.

Each unit consists of one common share and one half-share warrant. Each whole warrant is exercisable at C$0.85 for two years.

The company completed a separate placement on Aug. 18 for C$1.21 million.

Vancouver, B.C.-based Sacre-Coeur Minerals is a mineral exploration company.

Issuer:	Sacre-Coeur Minerals Ltd.
Issue:	Units of one share and one half-share warrant
Amount:	C$3,249,319
Units:	4,998,953
Price:	C$0.65
Warrants:	One half-share warrant per unit
Warrant expiration:	Two years
Warrant strike price:	C$0.85
Agent:	Non-brokered
Settlement date:	Aug. 12 (for C$2,242,319) Aug. 26 (for C$1,007,000)
Stock symbol:	TSX Venture: SCM
Stock price:	C$0.69 at close on Aug. 26
Market capitalization:	C$18.9 million

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