J.A.G. Mines Ltd.: Private Placement of Up to $240,000
05 April 2013 - 12:00AM
Marketwired Canada
J.A.G. MINES LTD. (TSX VENTURE:JML) wishes to announce that it is currently
completing a private placement in the amount of $240,000. This placement is
being offered to "Accredited Investors" in units of $5,000. Each unit is made up
of:
-- 62 500 class "A" shares at $0.08 per share,
-- 62 500 class "A" share purchase warrants, each warrant shall entitle the
holder thereof to acquire one class "A" share of the Issuer at a price
of $0.15 until the date which is twelve (12) month following the Closing
date.
The Private Placement proceeds will be for the Corporation working capital
requirements.
The shares issued under the terms of this placement are subject to a regulatory
hold period of four (4) months.
There are no fees payables under this placement and the placement is subject to
regulatory approvals.
FOR FURTHER INFORMATION PLEASE CONTACT:
Pierre Gevry, President
g.m.st-jacques@gmail.com
(514) 849-7336
(514) 849-9260 (FAX)
www.minesjag.com
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