By Devika Patel
Knoxville, Tenn., Feb. 15 - Sherwood Copper Corp. said it will conduct a non-brokered private placement of stock to raise C$7.2 million.
The company will sell 1.2 million flow-through shares at C$6.00 each.
Settlement is expected on March 4.
Proceeds will be used for exploration.
Sherwood is a resource exploration company based in Vancouver, B.C.
| Issuer: | Sherwood Copper Corp.
|
| Issue: | Flow-through shares
|
| Amount: | C$7.2 million
|
| Shares: | 1.2 million
|
| Price: | C$6.00
|
| Warrants: | No
|
| Underwriters: | Non-brokered
|
| Pricing date: | Feb. 15
|
| Settlement date: | March 4
|
| Stock symbol: | TSX Venture: SWC
|
| Stock price: | C$4.99 at close Feb. 14
|
© 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.
