Focus Ventures Ltd

Published : April 14th, 2014

Focus Closes $1.25 Million Private Placement

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Keywords :   Canada | Peru | Phosphate |

Focus Closes $1.25 Million Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 14, 2014) - Focus Ventures Ltd. (TSX VENTURE:FCV) is pleased to advise that it has closed its previously announced non-brokered private placement by issuing 5.7 million units at $0.22 per unit, for gross proceeds of $1,254,000. Each unit consists of one common share and one-half of a warrant, each whole warrant entitling the holder to purchase one additional common share of the Company at $0.265 for one year from closing. The Company also issued 21,000 units and 179,741 warrants as finders' fees in connection with the financing. The finders' fee warrants are also exercisable at $0.265 for one year from closing. All of the shares and warrants have a resale restriction until August 12, 2014.

The proceeds of the financing will be used for continued exploration of the Company's Bayovar 12 phosphate project in Peru, and for general working capital purposes.

About Focus Ventures

Phosphate rock is a raw material for fertilizers and vital to world food production. Focus is acquiring and developing quality phosphate projects in Latin America where the discovery and development of new deposits is becoming increasingly important given the growing demand and limited local supply of phosphate for fertilizer production. For further information, please call 604-688-5288 or visit our web site www.focusventuresltd.com.

ON BEHALF OF THE BOARD

David Cass, President

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement

Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Focus Ventures Ltd. Actual results may differ materially from those currently anticipated in such statements.

Read the rest of the article at finance.yahoo.com
Data and Statistics for these countries : Canada | Peru | All
Gold and Silver Prices for these countries : Canada | Peru | All

Focus Ventures Ltd

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CODE : FCV.V
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Focus Ventures is a exploration company based in Canada.

Focus Ventures produces gold and silver in Peru, develops gold and silver in Peru.

Its main asset in production is NUEVA CALIFORNIA in Peru, its main asset in development is CHÚCARA in Peru and its main exploration property is MINAS CHANCA in Peru.

Focus Ventures is listed in Canada. Its market capitalisation is CA$ 4.6 millions as of today (US$ 3.6 millions, € 3.0 millions).

Its stock quote reached its highest recent level on January 22, 2010 at CA$ 1.38, and its lowest recent point on April 20, 2018 at CA$ 0.02.

Focus Ventures has 231 740 000 shares outstanding.

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Annual reports of Focus Ventures Ltd
2008 annual report
Financings of Focus Ventures Ltd
10/16/2013Increases Private Placement to $1.5M
10/2/2013Arranges $1.2M Private Placement
Project news of Focus Ventures Ltd
3/16/2011(Chúcara)Announces Remaining Chúcara Drill Results
2/17/2011(Chúcara). - Exploration Update
Corporate news of Focus Ventures Ltd
7/25/2016Focus Completes Credit Facility Extension
7/14/2016Focus to Extend Credit Facility
7/11/2016Focus Completes Private Placement
7/5/2016Focus Files Updated PFS Technical Report
6/15/2016Focus Increases Private Placement
6/1/2016Focus Announces Proposed Private Placement
5/17/2016Focus Ventures Conference Call Details
5/16/2016Focus Delivers Pre-Feasibility Update for Bayovar 12 Phospha...
4/21/2016Bayovar 12 Project Update Pending; Jeff Franzen Joins Team a...
4/6/2016Focus Completes Private Placement
3/22/2016Focus Provides Update on Bayovar12 Phosphate Project, Peru a...
1/5/2016Focus Announces Positive Prefeasibility Study for Bayovar12 ...
12/30/2015Focus Delivers Bayovar 12 Prefeasibility Study to Joint Vent...
10/26/2015ELYSEE Subscribes for 6.0 Million Units of Focus Ventures Lt...
10/19/2015Focus Clarifies Private Placement Warrant Terms
10/19/2015Focus Proposes $2.0 Million Private Placement
10/6/2015Focus Files Updated NI 43-101 Technical Report for Expanded ...
9/21/2015Focus Ventures Provides Update on Bayovar 12 Phosphate Proje...
8/25/2015Focus Ventures Engages Fertilizer Expert Dr. Bert Quin
8/20/2015Focus Delivers Updated and Expanded Resource for Bayovar 12 ...
8/19/2015Focus Delivers Updated and Expanded Resource for Bayovar 12 ...
7/27/2015Focus Upgrades Bayovar 12 Phosphate PEA to Pre-Feasibility S...
4/16/2015Focus Completes Sale of Royalty on Bayovar 12 Phosphate Proj...
4/16/2015Radius Completes Purchase of Royalty on Bayovar 12 Phosphate...
4/14/2015Focus Initiates Phase 2 Drilling at its Bayovar 12 Phosphate...
4/9/2015Focus Proposes CAD$3.0 Million Private Placement
4/9/2015Proposes CAD$3.0 Million Private Placement
3/30/2015Focus Completes 70% Purchase of JPQ, Owner of Bayovar 12 Pho...
3/30/2015Completes 70% Purchase of JPQ, Owner of Bayovar 12 Phosphate...
3/27/2015Focus to Extend Warrants
3/10/2015Focus Accelerates Purchase of 70% of JPQ, Owners of Bayovar ...
3/10/2015Radius Gold Acquires Option on Margarita Silver Property, Me...
3/10/2015Accelerates Purchase of 70% of JPQ, Owners of Bayovar 12 Pho...
3/2/2015Focus's Bayovar 12 Phosphate Project Yields Positive Metallu...
3/2/2015Focus' Bayovar 12 Phosphate Project Yields Positive Metallur...
1/23/2015Focus Ventures Ltd.'s President and Director Are Interviewed...
10/27/2014Focus Files NI 43-101 Technical Report on Bayovar 12
10/23/2014Focus Signs Joint Venture Agreement with Daewoo Internationa...
10/16/2014Focus Commences Bayovar 12 PEA and Provides Update
9/9/2014Focus Selects Engineering Consultants for Bayovar 12 Prelimi...
9/8/2014Focus Delivers Initial Resource Estimate for Bayovar 12, Per...
8/5/2014Focus Receives $971,000 from Exercise of Warrants
7/28/2014Focus Drills Phosphate Over 6.4 km2 at Bayovar 12, Peru; Res...
6/24/2014Focus Reports More Phosphate Drill Assays From Bayovar 12, P...
6/16/2014Focus Reports Further Phosphate Drill Assays at Bayovar 12, ...
6/9/2014Focus Appoints Timothy S. Oliver as Director of Projects
5/21/2014Focus Accelerates Warrant Expiry
5/20/2014Focus Receives First Drill Assays from Bayovar 12; Contracts...
4/14/2014Focus Closes $1.25 Million Private Placement
10/26/2013Shareholder Update
10/25/2013and Stonegate Announce that Focus has Acquired an Option to ...
9/16/2013Terminates Reventon Option
9/10/2013Acquires Phosphate Project in the Bayovar District, Peru
7/29/2013acquires new phosphate claims in Colombia
6/26/2013Options its Aurora Copper-Moly Project, Peru
5/21/2013and Stonegate Enter Into Letter of Intent for Focus to Acqui...
5/1/2013Starts Drilling at Reventon
3/11/2013Confirms Historical Drill Assays at Aurora and Samples 18.8 ...
2/16/2013. - Clarification of Technical Disclosure
1/16/2013Geophysical Survey in Peru Outlines Potential Size of the Au...
10/30/2012Makes New Discovery at Reventon: 98 g/t Ag over 24m in Trenc...
10/11/2012Exploration at Reventon Outlines 1,300m x 500m Silver-in-Soi...
9/25/2012and Northair Sign Definitive Agreement for El Reventon, Mexi...
7/13/2011Commences Drilling at Santa Rosa
6/27/2011Receives its Santa Rosa Drill Permit; Drilling to Commence i...
6/8/2011Provides Peru Exploration Update
4/19/2011Samples High Grade Silver at Santa Rosa, Peru - 5.9m grading...
3/10/2011Samples 14.6% Zn + 76g/t Ag over 11.3m at Santa Rosa, Peru
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