02:19:52 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Tosca Resources Corp
Symbol TSQ
Shares Issued 4,972,156
Close 2015-01-07 C$ 0.09
Market Cap C$ 447,494
Recent Sedar Documents

Tosca increases private placement to $165,500

2015-01-12 17:09 ET - News Release

Mr. Ron Shenton reports

TOSCA RESOURCES ANNOUNCES INCREASE OF PRIVATE PLACEMENT FINANCING

Tosca Resources Corp., on Nov. 14, 2014, announced a non-brokered private placement of up to three million units at a price of five cents per unit to raise gross proceeds of up to $150,000. Each unit consists of one common share and one-half non-transferable share purchase warrant, with each whole warrant entitling the holder to purchase one common share for a period of one year from closing at a price of 10 cents per share.

The company has increased the placement to a total of $165,500 in gross proceeds, with no finders' fees applicable.

In addition, the company has entered into agreements to complete shares-for-debt arrangements at five cents for an additional $25,000 in outstanding payables.

The private placement increase and the shares-for-debt arrangements are subject to the acceptance of the TSX Venture Exchange.

We seek Safe Harbor.

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