Offering consists of units sold to Highland Park Group at C$0.64 each
By Devika Patel
Knoxville, Tenn., June 10 - Rockridge Capital Corp. said it plans a C$4.52 million non-brokered private placement of units.
The company will sell 7,062,000 units of one common share and one warrant to the Highland Park Group at C$0.64 apiece, with each 18-month warrant exercisable at C$0.80.
The strike price is identical to the June 9 closing share price.
Settlement is expected June 27.
The gold explorer is based in Vancouver, B.C.
| Issuer: | Rockridge Capital Corp.
|
| Issue: | Units of one common share and one warrant
|
| Amount: | C$4,519,680
|
| Units: | 7,062,000
|
| Price: | C$0.64
|
| Warrants: | One warrant per unit
|
| Warrant expiration: | 18 months
|
| Warrant strike price: | C$0.80
|
| Agent: | Non-brokered
|
| Investor: | Highland Park Group
|
| Pricing date: | June 10
|
| Settlement date: | June 27
|
| Stock symbol: | TSX Venture: RRC
|
| Stock price: | C$0.80 at close June 9
|
| Market capitalization: | C$39.32 million
|
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