Company sells 22 million units of one share and one five-year warrant
By Devika Patel
Knoxville, Tenn., June 10 – Everest Ventures Inc. said it settled a C$1.54 million private placement of units.
The company sold 22 million units of one common share and one warrant at C$0.07 per unit.
Each warrant is exercisable at C$0.09 for five years. The strike price reflects a 35.71% discount to the June 9 closing share price of C$0.14.
Halio Capital Inc. bought 20 million units for C$1.4 million.
Based in Vancouver, B.C., Everest explores for uranium and other resources.
| Issuer: | Everest Ventures Inc.
|
| Issue: | Units of one common share and one warrant
|
| Amount: | C$1.54 million
|
| Units: | 22 million
|
| Price: | C$0.07
|
| Warrants: | One warrant per unit
|
| Warrant expiration: | Five years
|
| Warrant strike price: | C$0.09
|
| Investor: | Halio Capital Inc. (for C$1.4 million)
|
| Settlement date: | June 10
|
| Stock symbol: | TSX Venture: EET
|
| Stock price: | C$0.14 at close June 9
|
| Market capitalization: | C$1.26 million
|
© 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.
