Newcastle Minerals Ltd
SymbolNCM
Shares Issued40,447,690
Close 2009-10-14C$ 0.08
Recent Sedar Documents

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Newcastle Minerals 4,278,332-share private placement

2009-10-16 18:03 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 11, 2009.

Number of shares:  3,278,332 non-flow-through shares (NFT) and one million flow-through (FT) shares

Purchase price:  Nine cents per non-flow-through share and 10 cents per flow-through share

Warrants:  3,778,332 share purchase warrants to purchase 3,778,332 shares

Warrant exercise price:  12 cents for a two-year period (3,278,332 warrants) and 15 cents for a two-year period (500,000 warrants)

Hidden placees:  34 hidden placees participated

Pro groups:  David Garnett, 150,000 NFT shares and 110,000 FT shares; Renee Garnett, 200,000 NFT shares; Michael Rossen, 300,000 NFT shares; Stav Adler, 30,000 FT shares

Finders' fees:  $24,035 cash and 258,000 warrants exercisable at 15 cents for two years, payable to Canaccord Capital Corp.; $1,470 cash and 16,000 warrants (same terms as above) payable to PI Financial Corp.; $4,950 cash payable to Jerome Cliche; $2,070 cash payable to Angelia Tai; $540 cash payable to Riaz Jiyraj

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