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:Bard Ventures closes $270,000 final tranche 2009-10-30 17:28 ET - News Release Mr. Eugene Beukman reports
BARD RAISES $1,034,000 IN OVER-SUBSCRIBED NON-BROKERED PRIVATE PLACEMENT
Bard Ventures Ltd. has closed the second and final tranche of the non-brokered private placement of
flow-through (FT) units and non-flow-through (NFT) units announced in Stockwatch on Oct. 5, 2009, through the issuance
of 2.25 million units at a price of 12 cents for total gross proceeds of
$270,000.
Upon closing the first tranche on Oct. 22, 2009, the company raised
gross proceeds of $764,000 through the issuance of 4,166,666 FT units at
a price of 12 cents per FT unit and 2.2 million units at a price of 12 cents per
unit.
All of the securities issued under the private placement are subject to
hold periods expiring four months and a day from closing of each
tranche.
Each FT unit consists of one flow-through common share and one
transferable share purchase warrant entitling the holder to purchase one
additional non-flow-through common share of the company for two years
from the closing date of the private placement at an exercise price of
20 cents until the first anniversary and 25 cents until the second
anniversary. Each unit consists of one common share and one
transferable share purchase warrant entitling the holder to purchase one
additional common share of the company for two years from the closing
date of the private placement at an exercise price of 15 cents.
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