Mr. Thomas Yingling reports
BERKWOOD RESOURCES LTD. PRIVATE PLACEMENT
($231,000 HARD DOLLARS)
Berkwood Resources Ltd. has received conditional approval from the TSX Venture Exchange and now will close a private placement as to $231,000 and will issue 3.85 million units at six cents. Each unit will comprise one common share and one warrant, with each whole warrant exercisable into one common share at a price of 10 cents for a period of two years from closing. All securities will be subject to a four-month-plus-one-day hold period from closing.
Proceeds of the private placement will be used to develop the company's properties located in Quebec and working capital.
The issuance of the securities is subject to the final approval of the TSX Venture Exchange.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.