23:31:21 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Centenera Mining Corp
Symbol CT
Shares Issued 73,004,963
Close 2018-06-28 C$ 0.11
Market Cap C$ 8,030,546
Recent Sedar Documents

Centenera Mining arranges $500,000 private placement

2018-06-29 09:47 ET - News Release

Mr. Keith Henderson reports

CENTENERA ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Centenera Mining Corp. has arranged a non-brokered private placement of up to 4,166,666 units priced at 12 cents per unit to raise a total of up to $500,000. Each unit will consist of one common share in the capital of the company and one common share purchase warrant, with each warrant entitling the holder thereof to purchase one share at an exercise price of 20 cents per share for a period of 36 months from the closing of the financing. Any securities issued in connection with the financing will be subject to a hold period of four months and one day in Canada.

The proceeds of the financing are intended to be used to advance the Esperanza and Organullo projects and for general working capital purposes. The company may pay finder's fees on a portion of the financing consisting of a cash commission equal to 7 per cent of the gross proceeds raised, and finder's warrants equal to 7 per cent of the total number of units issued, where each finder's warrant will entitle the holder thereof to purchase one share at an exercise price of 12 cents per share for a period of 12 months from the closing of the financing. The financing is subject to TSX Venture Exchange and other regulatory approval.

We seek Safe Harbor.

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