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
Ressources minieres Pro-Or Inc.: Private Placement of $800 000
Published : February 22, 2013
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

MONTREAL, QUÉBEC--(Marketwire - Feb. 22, 2013) - Ressources Minières Pro-Or Inc. (POI) (News - Market indicatorsannounce that it is currently completing a private placement for up to $800 000. This private placement will be completed with "Accredited Investors" and is being offered in units of $5,000 as follows:

  • 50,000 Class "A" shares at a price of $0.10 per share and;
  • 50,000 warrants to purchase Class (A) shares of the Company at $0.15 for a 12 month period. The warrants will be subject to an Accelerator Clause by which the warrant expiry date can be shortened at the discretion of the Corporation if the share price closes on the Exchange at $0.25 or more for a period of more than twenty (20) consecutive trading days. In such case, the new expiry date will become the thirtieth day following a formal written notification by the Corporation. This notice cannot be issued during the first four (4) month following the closing of this placement which corresponds to the regulatory hold period that affects all Private Placements.

The Private Placement proceeds will be used productions purposes at St-Augustin plant, for related activities, and for the working capital of the Corporation.

Shares issued pursuant to the offering will be subject to a four-month hold period.

No finders' fee will be payable on the transaction, which is subject to regulatory approval.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Sylvain Boulanger, President
g.m.st.jacques@gmail.com
(514) 849-7336
(514) 849-9260 (FAX)
www.pro-or.com
or
Renelle Roy, Executive-secretary
renelle@pro-or.com
(514)-849-7336
(514)-849-9260 (FAX)
Companies Mentionned : Finders |
Data and Statistics for these countries :
Gold and Silver Prices for these countries :

Pro-Or Resources Inc.

CODE : POI.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
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 Pro-Or Resources Inc.
9/24/2013Issues an Update on the Current Private Placement
6/3/2013Confirms Extension of Warrants
5/29/2013Announces Warrant Extension by One Year
3/22/2013Closes $800,000 Private Placement
2/22/2013Ressources minieres Pro-Or Inc.: Private Placement of $800 0...
1/7/2013Closes $250 000 Private Placement
12/17/2012Ressources Minieres Pro-Or Inc.: Private Placement of Up to ...
6/3/2011Ressources Minieres Pro-Or Inc.: Closing of the Private Plac...
5/10/2011Ressources Minieres Pro-Or Inc.: $2,000,000 Private Placemen...
Option Grants of Pro-Or Resources Inc.
4/2/2013Signs an Investor Relations Contract With Sun International ...
Corporate news of Pro-Or Resources Inc.
9/18/2013Interview With Pro-Or Inc. CEO Sylvain Boulanger Published o...
9/11/2013Issues a Corporate Update
7/10/2013Announces a $2.3 Million Private Placement
6/26/2013Announces Positive Economics for its Proposed Commercial Pla...
6/10/2013Grants Stock Options
4/23/2013Awards Pre-Feasibility Study Contract to Seneca for its Comm...
3/7/2013Extracts Platinum Group Elements for its Client Johnson Matt...
10/12/2012Announces Plant Upgrade to Commercial Production Facility
9/21/2012Signed a New Licensing Agreement with its South African Part...
4/14/2011Ressources Minieres Pro-Or inc.: Unaware of Any Material Cha...
4/1/2011Ressources Minières Pro-Or inc.: New Engineer For The St-Agu...
12/10/2010Ressources Minieres Pro-Or Inc.: Update on St-Augustin Plant...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (POI.V)OTHER OTC (PORMF)
0.140+0.00%0.060+0.00%
TSX-V
CA$ 0.140
11/24 13:30 -
0%
Prev close Open
0.140 -
Low High
0.140 0.140
Year l/h YTD var.
0.120 -  0.150 7.69%
52 week l/h 52 week var.
0.090 -  0.150 16.67%
Volume 1 month var.
0 -%
24hGold TrendPower© : -15
Produces
Develops
Explores for
 
 
 
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
Annual variation
DateVariationHighLow
20147.69%0.200.12
201330.00%0.350.06
2012-54.55%0.250.10
201157.14%0.540.12
2010-44.00%0.300.11
 
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.