Khalkos Exploration Inc.: Closing of a Private Placement for $ 210,200
29 May 2014 - 5:39AM
Marketwired
Khalkos Exploration Inc.: Closing of a Private Placement for $
210,200
MONTREAL, QUEBEC--(Marketwired - May 28, 2014) - KHALKOS
EXPLORATION INC. (TSX-VENTURE:KAS) completed the closing of a
private placement for a total of $ 210,200 including $ 77,200
raised through the issuance of common share units and $ 133,000
came from flow-through shares. An officer and two directors of
Khalkos participated in the placement for an amount of $ 55,000.
Following this placement, the Company has 29,607,663 common shares
issued and outstanding.
Khalkos issued 1,662,500 flow-through common shares at $ 0.08
per share and 1,286,667 common shares units at $ 0.06 per share
comprising one common share and half of Khalkos warrant at an
exercise price of $ 0.12. In total, 2,949,164 shares and 643,333
warrants were issued. Each warrant entitles the holder thereof to
purchase one common share during the twelve months following the
closing date. The securities issued are subject to a hold period of
four months and one day.
Finder's fees of $ 11,300 were paid. The private placement has
received conditional approval from the TSX Venture Exchange.
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.
Robert Gagnon, President(819) 860-2621(514)
510-7964rgagnon@khalkos.comPeter Kong, B.B.A.(514) 750-9026(514)
510-7964pkong@khalkos.comwww.khalkos.com
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