New Issue: Radar Acquisitions concludes C$1.23 million private placement of units

By Devika Patel

Knoxville, Tenn., Sept. 9 - Radar Acquisitions Corp. said it concluded a C$1.23 million non-brokered private placement of units. The deal priced for C$1.1 million on Aug. 6.

The company sold 30,874,500 units of one common share and one warrant at C$0.04 apiece.

Each warrant will be exercisable at C$0.07 for one year.

Radar is a natural resource development company based in Calgary, Alta.

Issuer:	Radar Acquisitions Corp.
Issue:	Units of one common share and one warrant
Amount:	C$1,234,980
Units:	30,874,500
Price:	C$0.04
Warrants:	One warrant per unit
Warrant expiration:	One year
Warrant strike price:	C$0.07
Agent:	Non-brokered
Pricing date:	Aug. 6
Settlement date:	Sept. 9
Stock symbol:	TSX Venture: RAC
Stock price:	C$0.05 at close Sept. 8
Market capitalization:	C$1.91 million

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