By Sheri Kasprzak
New York, Feb. 28 - Rubincon Ventures Inc. said it settled a private placement for $5 million.
The company issued 5 million shares to two investors.
Proceeds will be used for acquisitions so that the company will no longer be a shell.
Rubincon, organized to develop mineral properties, is based in Bellingham, Wash.
| Issuer: | Rubincon Ventures Inc.
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| Issue: | Stock
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| Amount: | $5 million
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| Shares: | 5 million
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| Price: | $1.00
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| Warrants: | No
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| Settlement date: | Feb. 15
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| Stock symbol: | OTCBB: RBCV
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| Stock price: | $1.20 at close Nov. 15 (last trade)
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