Wolverine Announces Closing of Private Placement
15.04.2014 | vom Unternehmen
Wolverine Minerals Corp. -- (the "Company") announces that it has completed its previously announced non-brokered private placement financing (the "Financing") of 7,000,000 units (each, a "Unit") at a price of $0.075 per Unit for gross proceeds of $525,000. Each Unit consists of one common share of the Company (each, a "Share") and one share purchase warrant (each, a "Warrant"). One Warrant entitles the holder thereof to purchase one additional Share of the Company at a price of $0.10 per Share until April 15, 2017. Insiders of the Company purchased an aggregate of 3,302,000 Units.The proceeds of the Financing will be used for working capital.
The Company did not pay any finder's fees in connection with the Financing.
The securities issued in connection with the closing of the Financing are subject to a restricted period that expires on August 16, 2014.
WOLVERINE MINERALS CORP.
Per: "Thomas A. Doyle" Thomas A. Doyle, President & CEO
www.wolverineminerals.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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File: http://www.wolverineminerals.ca/i/pdf/nr/2014-04-15_NR.pdf
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For further information, please contact:
Wolverine Minerals Corp.
Thomas A. Doyle
Logan Anderson
Phone: (604) 689-5722
Email: info@wolverineminerals.ca