Company sells 7.1 million common shares at $0.005 apiece in offering
By Devika Patel
Knoxville, Tenn., Jan. 29 – Tierra Grande Resources Inc. completed a $35,500 private placement of stock on Jan. 27, according to an 8-K filed Thursday with the Securities and Exchange Commission.
The company sold 7.1 million common shares at $0.005 apiece.
The minerals explorer is based in West Perth, Western Australia.
| Issuer: | Tierra Grande Resources Inc.
|
| Issue: | Common stock
|
| Amount: | $35,500
|
| Shares: | 7.1 million
|
| Price: | $0.005
|
| Warrants: | No
|
| Settlement date: | Jan. 27
|
| Stock symbol: | OTCBB: TGRI
|
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