Monday, March 17, 2014 3:07:15 AM
Rodinia Lithium Announces Private Placement Financing
TORONTO, ONTARIO--(Marketwired - Mar 10, 2014) - Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX-VENTURE:RM)(OTCQX:RDNAF), announces that it intends to complete a non-brokered private placement financing of units of the Company (the "Units") at a price of $0.05 per Unit for minimum gross proceeds of $500,000. Each Unit shall consist of one common share of the Company (a "Common Share") and one common share purchase warrant (each a "Warrant"), entitling the holder to acquire a Common Share at $0.10 for a period of 24 months from the date of issuance.
we must purchase a warrant for each share we have, but we are not forced to adquire this warrant not??
by example I have 20000 shares now at 0,067$, I will receive 20000 warrants for 0,10$ each and I must put 2000$ more here? or I'm not forced to do this and I can purchase all the shares I want for the next 24 months?
thanks in advance and what are your opinion about RDNAF for a long term hold of 2 or 3 years more?
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