05:15:52 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



InZinc Mining Ltd
Symbol IZN
Shares Issued 63,178,019
Close 2014-08-29 C$ 0.20
Market Cap C$ 12,635,604
Recent Sedar Documents

InZinc completes $600,000 private placement

2014-09-02 14:03 ET - News Release

Mr. Chris Staargaard reports

INZINC CLOSES $600,000 PRIVATE PLACEMENT

InZinc Mining Ltd., on Aug. 29, 2014, closed the non-brokered private placement first announced on Aug. 7, 2014, and then increased on Aug. 27, 2014. The placement consisted of 3,333,400 units at a price of 18 cents per unit for proceeds of $600,012. Each unit consists of one common share and one-half of one common share purchase warrant. Each full warrant will entitle its holder to subscribe for one share at 30 cents per share for a period of 24 months from completion of the financing. No commission is payable, and proceeds from the placement will be used for general corporate purposes. The closing of the financing is subject to all regulatory approvals, including the approval of the TSX Venture Exchange. The securities issued in connection with the financing will bear a four-month restriction on resale from the completion date.

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