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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (3009)10/30/2013 8:26:08 PM
From: Goose94Read Replies (1) | Respond to of 202784
 
North Arrow Minerals (NAR-V) has closed a non-brokered private placement of 13,625,000 common shares at a price of 40 cents per common share for total gross proceeds of $5.45-million. This represents an oversubscription of $450,000 to the non-brokered private placement originally announced in a North Arrow news release dated Aug. 26, 2013, with the pricing and structure amendments as announced Oct. 3, 2013. Proceeds from the private placement will be used to finance exploration programs at the company's Canadian diamond projects and for general working capital purposes. Insiders of the company have participated in the private placement on the same terms and conditions as arm's-length subscribers. The company paid total cash finders' fees of $29,400 in connection with the financing. All shares issued as part of the private placement are subject to a hold period expiring March 2, 2014.

Oct 30, 2013 - News Release