New Issue: Moneda announces C$1.95 million private placement of units

By Devika Patel

Knoxville, Tenn., Feb. 20 - Moneda Resources Ltd. said it will conduct a non-brokered private placement of units for between C$1.2 million and C$1.95 million.

The company will sell between 8 million and 13 million units of one common share and one warrant at C$0.15 apiece. Each two-year warrant will be exercisable at C$0.17 in the first year and at C$0.20 thereafter.

Edmonton, Alta.-based Moneda is a capital pool company.

Issuer:	Moneda Resources Ltd.
Issue:	Units of one common share and one warrant
Amount:	C$1.2 million (minimum), C$1.95 million (maximum)
Units:	8 million (minimum), 13 million (maximum)
Price:	C$0.15
Warrants:	One warrant per unit
Warrant expiration:	Two years
Warrant strike price:	C$0.17 in the first year, C$0.20 thereafter
Agent:	Non-brokered
Pricing date:	Feb. 20
Stock symbol:	TSX Venture: PXK.P
Stock price:	C$0.135 at close Feb. 19

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