Challenger Deep is pleased to announced that, further to its news release dated March 15, 2013, it has now closed a non-brokered private placement consisting of 9,316,667 units of the Company, at a subscription price of $0.15 per Unit for gross proceeds of $1,397,500. Each Unit consists of one common share and one common share purchase warrant. Each Warrant entitles the holder to purchase one additional common share
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