By Sheri Kasprzak
New York, Nov.23 - Northwest Resources Ltd. said it concluded a A$1 million private placement.
The company issued 4 million shares at A$0.25 each to sophisticated investors.
Also, the company concluded a shareholder purchase plan for A$447,000 in proceeds.
Based in Darling Point, New South Wales, Northwest is a mineral exploration company.
Issuer: | Northwest Resources Ltd.
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Issue: | Stock
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Amount: | A$1 million
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Shares: | 4 million
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Price: | A$0.25
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Warrants: | No
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Settlement date: | Nov. 23
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Stock price: | A$0.26 at close Nov. 23
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