By Devika Patel
Knoxville, Tenn., Feb. 12 - Great Western Diamonds Corp. priced a private placement of flow-through shares for C$2 million.
The company plans to sell 8 million flow-through shares at C$0.25 each.
Thomas Weisel Partners Canada Inc. is the agent.
Settlement is expected on Feb. 27.
Proceeds will be used for exploration.
Great Western is a mining company based in Saskatoon, Saskatchewan.
| Issuer: | Great Western Diamonds Corp.
|
| Issue: | Flow-through shares
|
| Amount: | C$2 million
|
| Shares: | 8 million
|
| Price: | C$0.25
|
| Warrants: | No
|
| Agent: | Thomas Weisel Partners Canada Inc.
|
| Pricing date: | Feb. 12
|
| Settlement date: | Feb. 27
|
| Stock symbol: | TSX Venture: GWD
|
| Stock price: | C$0.18 at close Feb. 11
|
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