By Laura Lutz
Columbus, Ohio, March 20 - Firestone Ventures Inc. closed a private placement of shares for C$2 million.
The company sold 4 million common shares at C$0.50 each.
Anglo Pacific Group plc was the investor, increasing its holdings to about 16.76% of Firestone's outstanding shares.
The deal was non-brokered.
Firestone is a resource exploration and development company based in Edmonton, Alta.
| Issuer: | Firestone Ventures Inc.
|
| Issue: | Shares
|
| Amount: | C$2 million
|
| Shares: | 4 million
|
| Price: | C$0.50
|
| Warrants: | No
|
| Investor: | Anglo Pacific Group plc
|
| Agent: | Non-brokered
|
| Settlement date: | March 20
|
| Stock symbol: | TSX Venture: FV
|
| Stock price: | C$0.465 at close March 20
|
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