Sunday, January 30, 2011 6:17:35 PM
Announced 11/1/10
2.00M for Pitchblack Resources Ltd.
Private Placement
Pitchblack Resources Ltd. (TSXV: PIT) announced a non-brokered private placement of 12,121,212 units at CAD 0.165 per unit for gross proceeds of CAD 2,000,000 on November 1, 2010. Each unit consisted of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at CAD 0.22 until October 29, 2012. The company issued certain finders a total of 629,472 finders' warrants to acquire 629,472 units of the company in ... connection with the financing. The securities issued are subject to a hold period that expires on March 1, 2011.
Collapse Detail
PIT's price was unchanged after the transaction was announced on 11/1/10.
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