| Waseco Closes Private Placement Financing | |
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TORONTO, ONTARIO--(Marketwired - Jul 16, 2015) - Waseco Resources Inc. ("Waseco" or "the Company") (TSX VENTURE:WRI) (WSE.F) reports that it has closed its previously announced private placement financing. Total proceeds from the financing are $140,000, and will result in the issuance of 2.8 Million common shares at $0.05 per share and 1.4 Million warrants, each warrant being convertible into a common share at $0.075 for one year. All of the shares, when issued, will be subject to a statutory 4 month hold period. Also as previously announced, the Company is applying to the TSX-Venture to pay a $US15,000 portion of the advance royalty on the Battle Mountain Ridge project, in Nevada, in common shares at a price of $0.05 per share. ON BEHALF OF THE BOARD OF DIRECTORS WASECO RESOURCES INC. Richard Williams, President Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Waseco Resources Inc.
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CODE : WRI.V |
ISIN : CA9369001099 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Waseco Res. is a gold exploration company based in Canada. Waseco Res. holds various exploration projects in Canada and in Indonesia. Its main asset in development is TEWAH in Malaysia and its main exploration properties are WALANG in Indonesia and PQ/ L BLOCK 1 in Canada. Waseco Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 705 928 as of today (US$ 514 187, € 482 308). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.05, and its lowest recent point on January 01, 2016 at CA$ 0.01. Waseco Res. has 35 296 390 shares outstanding. |