Amseco Plans $300 000 Private Placement Extension
18.06.2013 | Marketwire
MONTREAL, QUEBEC -- (Marketwired - June 18, 2013) - Amseco Exploration Ltée. ("Amseco") (TSX VENTURE:AEL) as previously announced on December 17th 2012, Amseco is seeking to raise 300 000 $. This placement should be done within the next 30 days via the issue of a non-brokered private placement at $0.01 cent. The minimum subscription will be tranches of 1500$ (150 000 shares) and shares will be subject to a 120 days hold period and to the TSX venture Exchange's approval and there will be no warrants in this transaction. Amseco is using the TSX-V temporary relief measures regarding the pricing requirements adopted August 17th, 2012 and April 12th, 2013.Under the TSX-V Policy 1.1, the principal purpose of the proceeds of the Private Placement must be to maintain or preserve the Issuer's existing operations, activities and assets. In addition, at least 75% of the Private Placement must be subscribed for by persons that are not Related Parties of the Issuer.
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.
Contact
Jean Desmarais, President
Amseco Exploration Ltd. (AEL.V)
514 284-5111 or Cell: 514 898-5326
514 284-6111 (FAX)
jeandesmarais@amsecoexploration.com
www.amsecoexploration.com