By Laura Lutz
Des Moines, April 5 - Valencia Ventures Inc. plans to conduct a private placement of shares for up to C$7 million.
The non-brokered placement is expected to include up to 14 million shares at C$0.50 each.
Valencia is a gold and silver exploration company based in Toronto.
Issuer: | Valencia Ventures Inc.
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Issue: | Shares
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Amount: | C$7 million
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Shares: | 14 million
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Price: | C$0.50
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Warrants: | No
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Agent: | Non-brokered
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Pricing date: | April 5
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Stock symbol: | TSX Venture: VVI
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Stock price: | C$0.51 at close April 5
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