02:06:15 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Armor Minerals Inc
Symbol A
Shares Issued 36,344,015
Close 2016-07-25 C$ 0.60
Market Cap C$ 21,806,409
Recent Sedar Documents

Armor closes private placement for $1-million

2016-07-25 21:08 ET - News Release

An anonymous director reports

ARMOR CLOSES $1,000,000 PRIVATE PLACEMENT

Armor Minerals Inc. has closed the previously announced non-brokered private placement of five million units at a price of 20 cents per unit for gross proceeds of $1-million. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole common share purchase warrant is convertible into one common share of the company at a price of 40 cents for a period of five years.

Proceeds from the financing will be used for follow-up exploration on the recently announced drill results at the Warmister project located in Buckingham, Va., and for general working capital purposes.

As required under securities regulations, the securities issued through this transaction are subject to a hold period expiring Nov. 26, 2016.

We seek Safe Harbor.

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