Fura Emeralds Inc. Announces $2,700,000 Private Placement of Units
![Fura Emeralds Inc. Announces $2,700,000 Private Placement of Units](https://www.minenportal.de/media/goldseiten-news.jpg)
The Closing Date of the Offering is scheduled to be on or about April 15, 2015 to coincide with the closing of the company's purchase of the Colombian emerald mining concession (the "Emerald Concession") (see Press Release dated February 11, 2015). All securities issued will be subject to a hold period of four months and one day. The Offering is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals.
The gross proceeds of the Offering will be used for the acquisition of the Emerald Concession, to complete work related to the Emerald Concession and for general corporate purposes. Fura may pay finder's fees in connection with the Offering.
About Fura Emeralds Inc.
Fura Emeralds Inc. will focus on the completion of the acquisition of the Emerald Concession in Colombia in the short term.
Regulatory Statements
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Offering, the expected closing date, the use of proceeds of the Offering and the future plans or intentions of Fura. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of exploration activities; regulatory risks; risks inherent in foreign operations; and other risks of the oil and gas industry. Although the company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES
Contact
Fura Emeralds Inc.
Jaime Lalinde, Chief Executive Officer
jlalinde@fmresources.ca