By Sheri Kasprzak
Atlanta, May 16 - Aldershot Resources Ltd. said it has raised an additional C$6,200 in a private placement, bringing to C$1,260,243 the total raised in the offering.
The company sold a total of 4,065,307 units at C$0.31 each.
The units include one share and one half-share warrant. The whole warrants provide for an additional share at C$0.41 each for two years.
At the initial closing, on April 18, the company sold 4,045,307 units but sold an additional 20,000 units in a second closing.
The company first announced the deal on March 16 as a C$1 million offering of up to 3,225,806 units under the same terms.
Based in Vancouver, B.C., Aldershot is a uranium, gold, copper and nickel exploration company. It plans to use the proceeds for working capital.
| Issuer: | Aldershot Resources Ltd.
|
| Issue: | Units of one share and one half-share warrant
|
| Amount: | C$1,260,243
|
| Units: | 4,065,307
|
| Price: | C$0.31
|
| Warrants: | One half-share warrant per unit
|
| Warrant expiration: | Two years
|
| Warrant strike price: | C$0.41
|
| Pricing date: | March 16
|
| Settlement date: | May 13
|
| Stock price: | C$0.38 at close March 16
|
| Stock price: | C$0.30 at close May 13
|
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