Green Swan Announces Closing of Private Placement
03 April 2014 - 3:40AM
Marketwired
Green Swan Announces Closing of Private Placement
BURLINGTON, ONTARIO--(Marketwired - Apr 2, 2014) - Green Swan
Capital Corp. (TSX-VENTURE:GSW) ("Green Swan") announces the
closing of a private placement financing announced in a press
release on January 14, 2014 and March 26, 2014.
The financing, which
closed on April 1, 2014, consists of 4,300,000 Units at a price of
$0.05 per Unit. Each Unit consists of one (1) Green Swan common
share and one 12-month common share purchase warrant having an
exercise price of $0.075 (seven and a half cents) (the "Warrant").
Each Warrant expires on April 1, 2015.
The gross proceeds
of the financing were $215,000. Green Swan paid cash commissions of
$11,200 and issued broker warrants for 224,000 Units. The broker
warrants have the same characteristics as the Warrants.
About Green Swan Capital Corp.
Green Swan Capital Corp. is a Canadian company engaged in the
business of acquiring, exploring and dealing in mineral properties
in Canada. Green Swan has 25,515,417 shares outstanding and is
well-poised to deliver real value through exploration and through
corporate M&A activities.
Forward Looking Statements
This news release may include statements about expected
future events and/or financial results that are forward-looking in
nature and subject to risks and uncertainties. GSW cautions that
actual performance will be affected by a number of factors, many of
which are beyond its control. Future events and results may vary
substantially from what GSW currently foresees. Discussion of the
various factors that may affect future results is contained in
GSW's recent filings, available on SEDAR. GSW assumes no liability
for repeating or referring to any facts, statements, releases, data
or reports disseminated by any other issuer. Any reference to any
other issuer should be cross-checked for accuracy and context by
the reader. Neither the 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.
On Behalf of the Board of Directors
GREEN SWAN CAPITAL CORP.
Peter M. Clausi, President, CEO and Director
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.
Green Swan Capital Corp.Peter M.
Clausi905-681-1925pclausi@brantcapital.ca
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