By Sheri Kasprzak
New York, Dec. 15 - Tahera Diamond Corp. said it has concluded a private placement of flow-through shares for C$9 million.
The company issued 13,235,300 shares at C$0.68 each.
The offering was placed through a syndicate of underwriters led by National Bank Financial Inc. and including Dundee Securities Corp., TD Securities Inc., Westwind Partners Inc. and GMP Securities LP.
Proceeds will be used for the company's 2006 exploration program.
Based in Toronto, Tahera is a diamond exploration company.
| Issuer: | Tahera Diamond Corp.
|
| Issue: | Flow-through shares
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| Amount: | C$9 million
|
| Shares: | 13,235,300
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| Price: | C$0.68
|
| Warrants: | No
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| Underwriters: | National Bank Financial Inc. (lead);, Dundee Securities Corp., TD Securities Inc., Westwind Partners Inc., GMP Securities LP
|
| Settlement date: | Dec. 15
|
| Stock price: | C$0.60 at close Dec. 14
|
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