By Sheri Kasprzak
New York, May 1 - Roca Mines Inc. has priced a C$2 million non-brokered private placement.
The company plans to sell 2,857,143 shares at C$0.70 each to Sprott Asset Management Inc.
Proceeds will be used for development on the company's MAX molybdenum project.
Roca Mines, located in Vancouver, B.C., is a mineral exploration company.
| Issuer: | Roca Mines Inc.
|
| Issue: | Stock
|
| Amount: | C$2 million
|
| Shares: | 2,857,143
|
| Price: | C$0.70
|
| Warrants: | No
|
| Placement agent: | Non-brokered
|
| Investor: | Sprott Asset Management Inc.
|
| Pricing date: | May 1
|
| Stock symbol: | TSX Venture: ROK
|
| Stock price: | C$0.69 at close May 1
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
