Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in
ArticlesNewsFlowGold & Silver PricesMarket Briefing
In the same category

Blackstone Ventures Inc.

Published : February 28th, 2007

Closes $10 Million Brokered Private Placement

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating ♥ Follow Company  
0
Send
0
comment
Keywords :   Capital Markets | Nickel |








news.gif (1KB)
o
Tuesday, February 27, 2007
Blackstone Closes $10 Million Brokered Private Placement
  News Release #7-2007

Blackstone Ventures Inc. (BLV -- TSXV) is pleased to announce it has closed the brokered private placement previously announced on February 6, 2007. The Company raised gross proceeds of $10,350,000 from the fully subscribed brokered private placement with a syndicate of investment dealers led by Wellington West Capital Markets Inc. (the "Underwriters").

The Company issued 11,500,000 units at a price of $0.90 per unit, with each unit consisting of one common share and one half of one common share purchase warrant with each full warrant entitling the holder to purchase one additional common share at a price of $1.35 until August 27, 2008. The Company paid the Underwriters a cash commission of 6.0% of the gross proceeds. The Company also issued compensation options to the Underwriters entitling them to purchase 690,000 common shares at a price of 0.90 per unit until August 27, 2008. All of the securities issued by the Company are subject to a four month hold period which expires on June 28, 2007.

The net proceeds of this private placement will be used to fund the Company's Scandinavian nickel exploration projects and for general working capital.

For further information on Blackstone, please contact Troy Winsor or Robert Carriere at 604-687-3929 or 1-800-753-0885 or visit the Blackstone website at http://www.blv.ca.

On behalf of Blackstone Ventures Inc

"Donald McInnes"

Donald A. McInnes, President

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
 
 Corporate Info | Projects | News Releases | Investor Info | Contact Us | Home
Copyright © 2007 Blackstone VENTURES INC. ALL RIGHTS RESERVED.

Blackstone Ventures Inc.
EXPLORATION STAGE
CODE : BLV.V
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
IndicatorsVALUE :
Projects & res.Press
releasesAnnual
reportRISK :
Asset profileContact Cpy

Blackstone Ventures is a exploration company based in Canada.

Blackstone Ventures holds various exploration projects in Canada, in Norway and in Sweden.

Its main exploration properties are NORBOTTEN, LAINJAUR and JERVAS in Sweden and DROMEDARY in Canada.
Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Blackstone Ventures Inc.
2/28/2007Closes $10 Million Brokered Private Placement
Project news of Blackstone Ventures Inc.
7/19/2011(Norbotten)Signs Norbotten Option and Joint Venture Agreement
2/16/2011(Kenbridge)Completes Sale of Kenbridge Nickel Project to Canadian Arrow...
Corporate news of Blackstone Ventures Inc.
10/16/2015Lattice Biologics / Blackstone Ventures Merger Update
8/4/2015IIROC Trading Halt - BLV
4/1/2014IIROC Trading Resumption - BLV
3/31/2014IIROC Trading Halt - BLV
4/3/2007Initial Drill Program in Sweden returns 2.06% Ni and 0.48% C...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (BLV.V)Other OTC (BLVKF)
0.100+0.00%0.020-33.33%
TSX-V
CA$ 0.100
01/01 15:42 -
0%
Prev close Open
0.100 -
Low High
- 0.100
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.100 -%
Volume 1 month var.
5,000 -%
24hGold TrendPower© : 44
Produces
Develops
Explores for Copper - Gold
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart		 Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.73-1.90%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 10.98-2.48%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.56-3.12%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.39-4.02%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.19-1.43%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24-2.08%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20-2.38%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.73+0.29%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 51.86-1.57%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+3.03%Trend Power :
Gold Editorials | Gold Resource News | Gold Fundamental | Gold Discoveries and Drilling Results | Gold Exploration and drilling | Gold In the News and Medias | Gold Most Read Press Releases | List of Copper mining companies | List of Lead mining companies | List of Nickel mining companies | List of Zinc mining companies | List of Gold mining companies | List of Silver mining companies | List of Platinum mining companies | List of Diamonds mining companies | 金銀市價 | सोने_की_कीमत_और_रजत | Precio del oro y plata | أسعار_الذهب_الفضة | ราคาทองคำและเงิน | gold und silberwechselkurs
Contact us Privacy policy Disclaimer About us
copyright 24hGold