Halo Resources 2.56-million-share private placement
2008-12-19 16:08 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a non-brokered private placement announced Nov. 28, 2008.
Number of shares: 1.06 million flow-through shares and 1.5 million non-flow-through shares
Purchase price: Five cents per share
Warrants: 750,000 share purchase warrants to purchase 750,000 non-flow-through shares
Warrant exercise price: 10 cents for a two-year period
Hidden placees: Two hidden placees participated
Insiders: Lynda Bloom, 360,000; Nick DeMare, 200,000