By Sheri Kasprzak
New York, Aug. 29 - Ross River Minerals Inc. said it has increased to C$1.6 million its previously announced C$1.5 million private placement.
The offering now includes up to 6.4 million units at C$0.25 each.
The units are comprised of one share and one half-share warrant. The whole warrants are exercisable at C$0.35 each for two years.
The deal was first announced Aug. 19 as a C$1.5 million offering comprised of 6 million units under the same terms.
Based in Vancouver, B.C., Ross River is a mineral exploration company.
| Issuer: | Ross River Minerals Inc.
|
| Issue: | Units of one share and one half-share warrant
|
| Amount: | C$1.6 million
|
| Units: | 6.4 million
|
| Price: | C$0.25
|
| Warrants: | One half-share warrant per unit
|
| Warrant expiration: | Two years
|
| Warrant strike price: | C$0.35
|
| Pricing date: | Aug. 19
|
| Upsized: | Aug. 29
|
| Stock price: | C$0.28 at close Aug. 19
|
| Stock price: | C$0.36 at close Aug. 29
|
© 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.
