E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/30/2009 in the Prospect News PIPE Daily.

New Issue: Ventana orchestrates C$6.02 million private placement of units

By Devika Patel

Knoxville, Tenn., March 30 - Ventana Gold Corp. said it will conduct a C$6.02 million non-brokered private placement of units.

The company will sell 4.3 million units of one common share and one non-transferable warrant at C$1.40 apiece to Lumina Capital LP. Each warrant will be exercisable at C$2.00 for two years.

Vancouver, B.C.-based Ventana is a mineral exploration company.

Issuer:Ventana Gold Corp.
Issue:Units of one common share and one non-transferable warrant
Amount:C$6.02 million
Units:4.3 million
Price:C$1.40
Warrants:One warrant per unit
Warrant expiration:Two years
Warrant strike price:C$2.00
Agent:Non-brokered
Investor:Lumina Capital LP
Pricing date:March 30
Stock symbol:Toronto: VEN
Stock price:C$1.50 at close March 27

© 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.