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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (40)10/5/2012 9:09:50 AM
From: Goose94Read Replies (1) of 202715
 
Gunpoint Exploration (GUN-V) arranges $2-million placement

Oct 5th, '12 - News Release

Gunpoint Exploration Ltd. has arranged a non-brokered private placement to raise up to $2-million through the sale of four million units of the company at a price of 50 cents per unit. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each full warrant will entitle the holder to purchase one additional common share at the price of 75 cents for a period of one year from closing the offering.

Gunpoint may pay a finder's fee in connection with the private placement in cash or common shares as permitted under the policies of the TSX Venture Exchange. Securities issued under the offering will be subject to statutory hold period of four months which will expire from the date of issuance. The closing of the offering is subject to receipt of applicable regulatory approvals, including the approval of the TSX Venture Exchange.
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