Fredonia Mining Inc (Formerly Richmond Road Capital Corp ) Announces Completion of Qualifying Transaction finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Richmond Road Capital Corp. and Fredonia Management Limited Announce Closing of $6.3 Million Subscription Receipt Financing with Significant Participation by Mr. Eric Sprott
Corporation or
RRCC ) and Fredonia Management Limited (
Fredonia ) are pleased to announce that Fredonia has closed its previously announced brokered private placement of subscription receipts of Fredonia (the
Subscription Receipts ), pursuant to which an aggregate of 37,445,310 Subscription Receipts were sold at a price of $0.17 for aggregate gross proceeds of approximately $6.3 million (the
Financing ) pursuant to an agency agreement (the
Agency Agreement ) entered into between the Corporation, Fredonia and Paradigm Capital Inc. and Red Cloud Securities Inc. (together, the