08:49:06 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Kesselrun Resources Ltd
Symbol KES
Shares Issued 24,835,750
Close 2015-06-19 C$ 0.045
Market Cap C$ 1,117,609
Recent Sedar Documents

Kesselrun Resources arranges $400,000 private placement

2015-06-30 14:53 ET - News Release

Mr. Michael Thompson reports

KESSELRUN RESOURCES ANNOUNCES PRIVATE PLACEMENT FINANCING

Kesselrun Resources Ltd. has arranged an offering of up to $400,000 consisting of flow-through shares at a price of five cents per FT share and non-flow-through units at a price of five cents per NFT unit. The NFT units will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share at a price of 10 cents for two years from the closing date.

In connection with the private placement, the company may pay finders' fees in cash or securities, or a combination of both, as permitted by the policies of the TSX Venture Exchange.

All securities issued above are subject to a hold period of four months and one day from the date of closing. The proceeds from the non-flow-through portion of the private placement will be used for general working capital, and the proceeds from the flow-through portion of the private placement will be used to conduct exploration on the company's properties.

We seek Safe Harbor.

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