Pure Energy Minerals Ltd (PEMIF)

[DMOST]

THE TIME IS NOW PEMIF

The company has now closed this announced round of financing.

Was it successful?

Pure Energy Minerals Closes Non-Brokered Private Placement

"VANCOUVER, British Columbia, May 08, 2017 (GLOBE NEWSWIRE) -- Pure Energy Minerals Limited (TSX VENTURE:PE) (FRANKFURT:A111EG) (PEMIF) (the “Company” or “Pure Energy”) announces that it has closed a non-brokered private placement announced by news release dated March 28, 2017 (the “Private Placement”) for gross proceeds of $1,072,000 by the issuance of 2,144,000 units (each a “Unit”) of the Company at a price of $0.50 per Unit.

Each Unit consists of one common share (a “Share”) of the Company and one-half Share purchase warrant (each whole such warrant a “Warrant”). Each Warrant shall be exercisable to acquire one additional common share of the Company for a period of 24 months from closing of the Private Placement (the “Expiry Date”) at a price of $0.75 per Share provided that, if at any time between the Expiry Date and the date that is four months and one day from the closing of the Private Placement, the closing price of the Company’s Shares on the TSX Venture Exchange is equal to or greater than $1.25 for 20 consecutive trading days, then the Company may, at its sole option, elect to provide notice (the “Acceleration Notice”) to the holders of the Warrants by news release that the Warrants will expire at 4:00 p.m. (Vancouver time) on the date that is 30 days from the date of the Acceleration Notice......"

https://finance.yahoo.com/news/pure-energy-minerals-closes-non-120000741.html

According to the article, but it's hard to figure as the price per share OTC, during the submission, has been less than what the pricing suggested for shares during the offering?

GO FIGURE

LET'S GO PEMIF

"PEACE"

NOW!!!!!!!!!!!!!!!!!!!!!