By Devika Patel
Knoxville, Tenn., April 23 - Vanguard Minerals Corp. settled a $1.5 million private placement of stock on Friday, according to an 8-K filed with the Securities and Exchange Commission.
The company sold 1 million common shares at $1.50 apiece.
Of the shares, 860,000 were purchased by James Price. After this transaction, Price will own approximately 59.1% of the company's shares.
The uranium exploration company is based in Seattle.
| Issuer: | Vanguard Minerals Corp.
|
| Issue: | Common stock
|
| Amount: | $1.5 million
|
| Shares: | 1 million
|
| Price: | $1.50
|
| Warrants: | No
|
| Investor: | James Price (for $1.29 million)
|
| Settlement date: | April 23
|
| Stock symbol: | OTCBB: VNGMD
|
| Stock price: | $2.10 at close April 23
|
© 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.
