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
In the same category
Saturn Minerals Inc. Announces Brokered Private Placement
Published : November 13, 2012
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Coal | Oil |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 13, 2012) - Saturn Minerals Inc. (News - Market indicators)(FRANKFURT:SMK) ("Saturn" or the "Company") is pleased to announce that it has entered into an agreement with Hampton Securities Limited (the "Agent") to act as agent on a best efforts basis in connection with a brokered private placement of up to $3,750,000 in gross proceeds (the "Offering"). The Offering will consist of up to 25,000,000 non flow-through and flow-through shares and will be priced within the context of the market.

Proceeds from the Offering shall be used to advance Saturn's properties in Saskatchewan and Manitoba and for working capital.

The Offering is scheduled to close on or before January 31, 2013, and is subject to certain conditions, including approval of the TSX Venture Exchange.

About Hampton Securities Limited

Hampton Securities Limited is a boutique investment firm that focuses on international institutional trading, private wealth management and investment banking in the global energy space.

About Saturn Minerals Inc.

Saturn Minerals Inc. (News - Market indicators)(FRANKFURT:SMK) is a junior Canadian energy company advancing a portfolio of oil and coal properties in Saskatchewan and Manitoba. The Company owns 370,000 acres of exclusive oil & gas rights in Saskatchewan and is advancing a number of oil exploration projects. Saturn has also made three shallow bituminous coal discoveries since 2009 with coal seams ranging in continuous vertical thickness from 9 to 89 meters. Saturn has a strategic ownership in Inowending Exploration & Development Corp., a First Nations owned exploration and development company co-founded by Saturn with a consortium of Saskatchewan First Nations active in Canada's prairie provinces.

On Behalf of the Board of Directors

SATURN MINERALS INC.

Stan Szary, Chief Executive Officer

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 NEWS RELEASE.

Saturn Minerals Inc.
Stan Szary
Chief Executive Officer
+1 (604) 685-6989
www.saturnminerals.com
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Saturn Minerals Inc.

EXPLORATION STAGE
CODE : SMI.V
ISIN : CA80410K1012
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
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy
Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Saturn Minerals Inc.
1/23/2014Announces Private Placement Grants Stock Options
1/19/2014Announces Private Placement with Global Resources Investment...
11/6/2013Announces Private Placement with Global Resources Investment...
11/13/2012Announces Brokered Private Placement
12/30/2011Closes Private Placement
9/5/2011Announces Private Placement
4/15/2011Closes Private Placement
12/6/2010Closes Private Placement
Option Grants of Saturn Minerals Inc.
6/23/2011Retains MI3 for Investor Relations
Nominations of Saturn Minerals Inc.
9/18/2012Appoints Allan Danroth to the Board of Directors
10/13/2011Saturn Minerals Inc. Appoints New CFO & Corporate Secretary
10/13/2011Appoints New CFO & Corporate Secretary
5/2/2011Appoints Silvia Quandt & Cie. AG as Designated Sponsor for X...
Project news of Saturn Minerals Inc.
8/15/2013Announces Seismic Program on Bannock Creek Oil & Gas Propert...
4/23/2013Announces Results of Seismic Program on Saskatchewan Oil and...
7/10/2012Der Aktionar - Saturn Minerals: Emerging Resource Explorer
5/7/2012Reports Low-Sulfur Coals from Thunder Discovery in Manitoba
4/12/2012Makes Third New Coal Discovery, 25 Meters Composite Coal Thi...
3/7/2012(Saskatoba)Commences Drilling in Saskatchewan and Manitoba, Saskatoba C...
3/1/2012Acquires 100% of Little Swan Oil & Gas Property in Eastern S...
1/12/2012(Saskatoba)Announces Saskatoba 2012 Winter Exploration Program
10/26/2011Summarizes Summer Exploration Program on the Armit Property...
9/1/2011(Saskatoba)Reports Positive Washability Results from the Karolina Coal ...
8/16/2011(Saskatoba)TSX.V: SMI - Acquires 100% Interest in the Saskatoba Coal Pr...
3/29/2011(Overflowing)Makes New Coal Discovery at Saskatoba Project, 88.98 Metre L...
3/1/2011(Overflowing)Mobilizes Drill Program on Overflowing Property, Summarizes ...
1/27/2011(Saskatoba)Completes 1,351 line-km Airborne Gravity Survey, 3,248 Hecta...
Corporate news of Saturn Minerals Inc.
6/14/2013Recent Media Coverage
2/13/2013Announces Seismic Program on Saskatchewan Oil & Gas Properti...
11/27/2012Signs Letter Agreement with Vector Exploration Corp. for Sas...
10/18/2012Receives Airborne Results
10/4/2012Saturn Minerals Discovers Oil Source Rock During Coal Explor...
10/4/2012Discovers Oil Source Rock During Coal Exploration
4/24/2012Financial Coverage
4/19/2012Commences 1,627 line-km Airborne Gravity Survey on Oil & Gas...
3/29/2012Hardman & Co. Publish Updated Report & Winter 2012 Presentat...
1/18/2012Signs MOU for Coal Supply Agreement
12/6/2011A Message from Saturn Minerals Inc.
10/20/2011Coverage Initiated by QIS Capital Corporation
8/18/2011TSX.V: SMI - Completes 4,540 line-km Airborne Gravity Survey...
6/23/2011TSX.V: SMI - Saturn Minerals Inc. Retains MI3 for Investor R...
6/14/2011TSX.V: SMI - Saturn Minerals Commences 4,389 line-km Airborn...
5/31/2011Reports Coal Quality Results Karolina Basin Coal Quality Ret...
5/25/2011Appoints Dr. Krzysztof Mastalerz, PhD, P.Geo., to Board of D...
4/21/2011Acquires 49,727 Hectares Of Oil & Gas Rights in Saskatchewan
2/15/2011Announces Successful Petroleum & Natural Gas Bid for 102,757...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (SMI.V)
0.140+0.00%
TSX-V
CA$ 0.140
12/19 15:32 -
0%
Prev close Open
0.140 0.140
Low High
0.133 0.155
Year l/h YTD var.
0.090 -  0.220 55.56%
52 week l/h 52 week var.
0.070 -  0.220 75.00%
Volume 1 month var.
284,997 -17.65%
24hGold TrendPower© : -19
Produces
Develops
Explores for Coal - Copper - Gold - Lead - Silver - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 12/29/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
DateVariationHighLow
201455.56%0.180.09
2013-40.00%0.190.07
2012-16.67%0.300.14
201120.00%0.500.14
20100.00%0.180.05
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Subscribe to 24hGold’s daily market briefing
  • Prices and data of precious metals in 119 currencies and world mining companies
  • Daily analysis of the economy, markets and more
  • Free, daily and indispensable
Stay informed, subscribe now !
* Your email will never be shared.