Starfire Minerals Inc. - Private Placement
16 Mai 2012 - 3:04AM
PR Newswire (Canada)
TSXV: SFR VANCOUVER, May 17, 2012 /CNW/ - Starfire Minerals Inc.
("Starfire" or the "Company") is pleased to announce a non-brokered
private placement of up to $3,000,000 through the sale of up to
42,857,142 units (the "Units") at $0.07 per Unit. Each Unit will be
comprised of one common share and one share purchase warrant, with
each warrant being exercisable into one additional common share at
a price of $0.10/share for a period of five years from the date of
issuance. Participation in the private placement will consist of
third parties, as well as certain insiders of the Company. A
finder's fee of a combination of cash, shares and/or warrants will
be paid to eligible finders in relation to noninsider participation
in this financing, all in accordance with regulatory policies. In
addition, the Company may settle up to an aggregate of $2,700,000
in debt by issuance of up to an aggregate of 38,571,429 units (the
"Debt Units") at a price of $0.07 per Debt Unit to certain
creditors of the Company. Each Debt Unit will be comprised of one
common share and one share purchase warrant with each warrant being
exercisable into one additional common share at a price of
$0.10/share for a period of five years from the date of issuance.
The private placement and shares for debt transactions are both
subject to the approval of TSX Venture Exchange. ON BEHALF OF THE
BOARD OF DIRECTORS OF STARFIRE MINERALS INC. "Dan Mosher"
________________________ Dan Mosher, President & CEO THIS PRESS
RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY
FOR ITS CONTENTS. NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE. Starfire Minerals Inc.
CONTACT: Starfire Minerals Inc.3B - 19299 94th AvenueSurrey, BC V4N
4E6Telephone: 604.455.0484Fax: 604.455.0784
Copyright
Sandfire Resources America (TSXV:SFR)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Sandfire Resources America (TSXV:SFR)
Historical Stock Chart
Von Dez 2023 bis Dez 2024