Strike Diamond Corp. Closes $359,999.94 Financing
12.03.2015 | FSCwire
Vancouver, BC (FSCwire) - Strike Diamond Corp. (TSX VENTURE:SRK)("Strike Diamond" or “the Corporation”) is pleased to report that it has closed its previously announced financing for total gross proceeds of $359,999.94 (the “Financing Total”).The Financing Total consisted of two tranches, the first announced on February 24, 2015, being for 5,000,833 units for gross proceeds of $300,049.98, and a second tranche announced by way of this news release consisting of 999,166 units for gross proceeds of $59,949.96.
Each unit consisted of one common share of the Corporation and one common share purchase warrant to acquire one additional common share of the Corporation at a price of $0.10 for a period of twelve months from the date of the respective tranche closing.
Following the second tranche closing and reflective of the total financing, the Corporation has 26,515,431 common shares issued and outstanding.
The financing and the use of proceeds were announced by way of news release dated January 27, 2015.
About Strike Diamond Corporation
Strike Diamond Corporation operates the Sask Craton Property and the Sask Craton North Property which represent the largest publicly-traded mineral tenure position in the newly-established Pikoo diamond exploration camp first established by the discovery of diamondiferous kimberlites on North Arrow Minerals Inc. and Stornoway Diamond Corp.'s Pikoo property. For more information visit www.StrikeDiamond.com.
Forward-Looking Statements: This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently expected or forecast in such statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
Strike Diamond Corporation
Ryan Kalt, President & Chief Executive Officer
1-403-410-3817
info@strikediamond.com
www.StrikeDiamond.com