By Devika Patel
Knoxville, Tenn., June 19 - Firestone Ventures Inc. said it completed a C$1.35 million non-brokered private placement of units.
The company sold 13.5 million units at C$0.10 apiece. Each unit consists of one common share and one warrant. Each warrant will be exercisable at C$0.15 for two years.
Firestone is a resource exploration and development company based in Edmonton, Alta.
| Issuer: | Firestone Ventures Inc.
|
| Issue: | Units of one common share and one warrant
|
| Amount: | C$1.35 million
|
| Units: | 13.5 million
|
| Price: | C$0.10
|
| Warrants: | One warrant per unit
|
| Warrant expiration: | Two years
|
| Warrant strike price: | C$0.15
|
| Agent: | Non-brokered
|
| Settlement date: | June 19
|
| Stock symbol: | TSX Venture: FV
|
| Stock price: | C$0.135 at close June 18
|
| Market capitalization: | C$9.86 million
|
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