Published on 2/25/2008 in the Prospect News PIPE Daily.
New Issue: Aurelio secures $1 million from private placement of units
By Devika Patel
Knoxville, Tenn., Feb. 25 - Aurelio Resource Corp. said it has arranged a $1 million private placement of units.
Aurelio will sell 3,333,334 units at $0.30 apiece. Each unit consists of one common share and a five-year warrant, exercisable at $0.50.
Aurelio is a copper, zinc, silver and gold exploration company based in Littleton, Colo.
Issuer: | Aurelio Resource Corp.
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Issue: | Units of one common share and a warrant
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Amount: | $1 million
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Units: | 3,333,334
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Price: | $0.30
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Warrants: | One warrant per unit
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Warrant expiration: | Five years
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Warrant strike price: | $0.50
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Pricing date: | Feb. 25
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Stock symbol: | OTCBB: AULO
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Stock price: | $0.31 at close Feb. 25
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