Tsodilo Resources Limited Closes Second and Final Tranche of Private Placement Financing for Units
TORONTO, ON / ACCESSWIRE / February 10, 2021 / Tsodilo Resources Limited ( Tsodilo or the Company ) (TSXV:TSD) is pleased to announce the closing of the second and final tranche of the previously announced private placement financing (the Financing ) for gross proceeds to the Company of $150,000 on February 10, 2021, through the issuance of 300,000 units of securities of the Company (the Units ) at a subscription price of C$0.50 per Unit.
As previously announced, each Unit is comprised of one common share in the capital of the Company ( Common Share ) and one common share purchase warrant ( Warrant ). Each Warrant entitles the holder thereof to purchase one Common Share for a period of 24 months from the date of issuance at an exercise price of USD$0.55.
Tsodilo Resources Limited Provides Update on Private Placement Financing for Units
TORONTO, ON / ACCESSWIRE / February 4, 2021 / Tsodilo Resources Limited ( Tsodilo or the Company ) (TSXV:TSD) is pleased to provide an update on its private placement financing (the Financing ) for units of securities of the Company ( Units ) at a subscription price of C$0.50 per Unit. Each Unit is comprised of one common share in the capital of the Company ( Common Share ) and one common share purchase warrant ( Warrant ), each such Warrant being exercisable for a period of 24 months from the date of issuance at an exercise price of USD$0.55.
In addition to the closing of the first tranche of the Financing announced on January 25, 2021 for 2,686,038 Units and gross proceeds of C$1,343,019, the Company expects to close the second and final tranche of the Financing on or about February 8, 2021, pursuant to which the Company expects to issue up to 813,962 additional Units for additional gross procee
Wilton Resources Inc. Announces Closing of Private Placement Financing
Wilton Resources Inc.
(TSXV: WIL)
(the Corporation ) is pleased to announce that it closed its previously announced non-brokered private placement of units in the capital of the Corporation (
Units ) at a purchase price of $0.35 per Unit (the
Offering Price ) for aggregate gross proceeds of $350,000 (the
Offering ). The principal use of the proceeds of the Offering will be for general corporate purposes and as a reserve to pursue the acquisition of an international oil and gas property.
Each Unit is comprised of one common share in the capital of the Corporation (
Common Share ) and one Common Share purchase warrant (
Tsodilo Resources Limited Closes First Tranche of Private Placement Financing for Units
TORONTO, ON / ACCESSWIRE / January 25, 2021 / Tsodilo Resources Limited ( Tsodilo or the Company ) (TSXV:TSD) is pleased to announce that it has closed the first tranche of a private placement financing (the Financing ) for gross proceeds to the Company of C$1,343,019
Pursuant to the Financing, the Company issued 2,686,038 units of securities of the Company (the Units ) at a subscription price of C$0.50 per Unit. Each Unit is comprised of one common share in the capital of the Company ( Common Share ) and one common share purchase warrant ( Warrant ). Each Warrant entitles the holder thereof to purchase one Common Share for a period of 24 months from the date of issuance at an exercise price of USD$0.55.