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

To: Goose94 who wrote (8505)	9/3/2014 8:26:11 AM
From: Goose94	Read Replies (1) \| Respond to of 203541

Rathdowney Resources (RTH-V) Sept 3rd 2014 has completed the second tranche of a private placement financing, consisting of approximately 6.6 million common shares at a price of 25 cents per share for gross proceeds of $1.65-million. The shares are subject to applicable resale restrictions, including a four-month hold under Canadian legislation. Fees of up to 6 per cent are payable on a portion of the tranche. Together with the first tranche of $6.96-million (see press release dated Aug. 12, 2014), the company raised a total of $8.61-million through the issuance of 34.44 million shares. Proceeds from the financing will be used to advance phase II activities at Rathdowney's flagship Olza zinc-lead-silver project in Poland and for working capital purposes.