Woulfe Mining closes $4,407,500 brokered private placement
May 13, 2010 @ 7:17 am In Moly Company News
[1]Woulfe Mining reports that it has completed a partially non-brokered private placement.
The Placement was brokered by GMP Securities Europe LLP which shall receive a cash commission of 6% of the proceeds directly placed and 3% of the proceeds placed by the Company and 1,763,000 compensation warrants representing 6% of the shares placed. Each whole compensation warrant will entitle GMP to acquire an additional common share of the Company at a price of $0.22 per Share for a period of 24 months.
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[2] For complete press release, click here.: http://www.usetdas.com/TDAS/NewsArticle.aspx?NewsID=15418