New Issue: Rodocanachi to raise C$1 million via private placement of equity units

By Devika Patel

Knoxville, Tenn., Nov. 3 - Rodocanachi Capital Inc. said it has arranged a non-brokered private placement of units to raise between C$500,000 and C$1 million.

The company will sell between 5 million and 10 million units of one common share and one warrant at C$0.10 apiece. Each warrant will be exercisable at C$0.15 for two years.

The capital pool company is based in Montreal.

Issuer:	Rodocanachi Ca pital Inc.
Issue:	Units of one common share and one warrant
Amount:	C$500,000 (minimum), C$1 million (maximum)
Units:	5 million (minimum), 10 million (maximum)
Price:	C$0.10
Warrants:	One warrant per unit
Warrant strike price:	C$0.15
Warrant expiration:	Two years
Agent:	Non-brokered
Pricing date:	Nov. 3
Stock symbol:	TSX Venture: ROD.P
Stock price:	C$0.095 at close Nov. 2

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