Excalibur Resources Ltd (2)
Symbol C : XBR
Shares Issued 45,560,965
Close 2012-02-22 C$ 0.16
Recent Sedar Documents
Excalibur arranges $619,000 private placement
2012-02-23 16:04 ET - News Release
Mr. Tim Gallagher reports
EXCALIBUR RESOURCES ARRANGES PRIVATE PLACEMENT
Excalibur Resources Ltd. has arranged a non-brokered private placement of 6.19 million units at 10 cents per unit for a total of $619,000. Each unit consists of one common share and one share purchase warrant exercisable to acquire an additional common share at 15 cents during the first year and at 20 cents in the second year.
The company will pay a cash commission of 8 per cent on a portion of the funds raised. Net proceeds will be applied to working capital and to the company's Catanava gold production project in Mexico.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aXBR-1929369&symbol=XBR®ion=C
Hopefully the final PP before getting cash flow positive.
FANTOMAS