Symbol: AZM.TSX Venture LONGUEUIL, QC, June 20, 2014 /CNW Telbec/ - Azimut Exploration Inc. ("Azimut" or the "Company") (TSXV: AZM) announces the closing of a non-brokered private placement totalling $350,000 with SIDEX ($200,000) and SODÉMEX II ($150,000), both limited partnership companies. A total of 1,166,668 common shares were issued at a price of $0.30 per share, each share accompanied by one half-warrant, each whole warrant entitling its holder to purchase one share of the Company at a price of $0.45 per share over a 24-month period. Administrative costs representing 3% of the placement have been paid in ...
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