Published on 5/18/2007 in the Prospect News PIPE Daily.
New Issue: International Nickel settles C$3.56 million placement of units
By Laura Lutz
Des Moines, May 18 - International Nickel Ventures Corp. closed a private placement of units for C$3,556,760.
The company sold 2,032,434 units of one share and one half-share warrant at C$1.75 per unit. Each whole warrant will be exercisable at C$2.25 until Nov. 18, 2008.
International Nickel is a mineral exploration and development company based in Toronto.
| Issuer: | International Nickel Ventures Corp.
|
| Issue: | Units of one share and one half-share warrant
|
| Amount: | C$3,556,760
|
| Units: | 2,032,434
|
| Price: | C$1.75
|
| Warrants: | One half-share warrant per unit
|
| Warrant expiration: | Nov. 18, 2008
|
| Warrant strike price: | C$2.25
|
| Settlement date: | May 18
|
| Stock symbol: | Toronto: INV
|
| Stock price: | C$1.89 at close May 17
|
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