This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Ansell Capital closes $578,400 private placement 2009-07-09 14:54 ET - News Release
Ms. Bev Funston reports ANSELL CAPITAL CORP.
CLOSES NON-BROKERED PRIVATE PLACEMENT
Ansell Capital Corp. has closed a non-brokered private placement of 4.82 million units for gross proceeds of $578,400.
Each unit consists of one common share of the company and one share purchase warrant with one full warrant entitling the holder to purchase one additional common share of Ansell at a price of 20 cents for a period of one year following the closing of the private placement subject to early acceleration provisions.
As compensation for the placement of the units, finders' fees of 227,500 units were paid. The finders' units carry the same features as the units sold in the private placement.
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