The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement for Altan Rio Minerals Ltd. announced Sept. 12, 2012:
Number of shares: four million shares
Purchase price: 25 cents per share
Warrants: four million share purchase warrants to purchase two million shares
Warrant exercise price: 50 cents for a two-year period; the warrants are subject to an accelerated exercise provision in the event the volume-weighted average price of the company's shares is $1.10 or higher for 30 consecutive trading days
Placees: six