Canadian International Minerals Inc. Completes Financing - KTUL.com - Tulsa, Oklahoma - News, Weather & Sports

Canadian International Minerals Inc. Completes Financing

Posted: Updated:

Vancouver, BC / ACCESSWIRE / March 6, 2014 / Canadian International Minerals Inc. (the “Company”) (CIN – TSX Venture) is pleased to announce that it has closed its private placement of 9,000,000 units at $0.055 per unit for total gross proceeds of $495,000. Each unit consists of one common share and one transferable share purchase warrant, each warrant entitling the holder to purchase one additional common share for a period of one year at a price of $0.10 per share.

The Company made total cash payments of $6,765 and issued 123,000 share purchase warrants in respect of finders’ fees on the placement. Each warrant entitles the holder thereof to purchase one common share of the Company for a period of one year at a price of $0.10 per share.

All securities issued under the placement are subject to hold periods expiring on July 7, 2014.

The proceeds of the private placement will be used to fund further exploration on the Company’s mineral properties and for general working capital.

ON BEHALF OF THE BOARD

Michael E. Schuss
President and Chief Executive Officer

For further information on Canadian International Minerals Inc. please visit the Company website at www.cin-v.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

ReleaseID: 412780

  • NewsMore>>

  • Tulsa County Sheriff's Deputy Arrested for Sexual Assault

    Tulsa County Sheriff's Deputy Arrested for Sexual Assault

    Tulsa County Sheriff's deputy is behind bars after investigators say he sexually assaulted a woman.According to a statement released by the sheriff's office, an investigation was launched into the conduct of 26-year-old Gerald Nuckolls after a report of inappropriate behavior.In Nuckolls' booking report, the victim told investigators that Nuckolls arrived at the victim's home to investigate a 911 hang-up call. Nuckolls reportedly pulled the victim into his patrol unit and began questioning he...More >>
    Tulsa County Sheriff's deputy is behind bars after investigators say he sexually assaulted a woman.According to a statement released by the sheriff's office, an investigation was launched into the conduct of 26-year-old Gerald Nuckolls after a report of inappropriate behavior.In Nuckolls' booking report, the victim told investigators that Nuckolls arrived at the victim's home to investigate a 911 hang-up call. Nuckolls reportedly pulled the victim into his patrol unit and began questioning he...More >>
  • Silver Alert Issued for 81-year-old Tulsa Man

    Silver Alert Issued for 81-year-old Tulsa Man

    Tulsa police are searching for a missing and endangered man81-year-old Bob Parmeter, who suffers from Alzheimer's disease was last seen around 9:15 this morning.He is 5'7" and 165 lbs with grey hair and blue eyes. He was last seen near his home in the area of 5200 S. Joplin Ave.He was wearing khaki pants and silver wire rimmed glasses. Police say he may be driving a burgundy 1998 Ford F150 pickup with a burgundy "Leer" camper shell. The license plate is OK 986-FLR. Anyone with information on...More >>
    Tulsa police are searching for a missing and endangered man81-year-old Bob Parmeter, who suffers from Alzheimer's disease was last seen around 9:15 this morning.He is 5'7" and 165 lbs with grey hair and blue eyes. He was last seen near his home in the area of 5200 S. Joplin Ave.He was wearing khaki pants and silver wire rimmed glasses. Police say he may be driving a burgundy 1998 Ford F150 pickup with a burgundy "Leer" camper shell. The license plate is OK 986-FLR. Anyone with information on...More >>
  • Minnesota Vikings Facing Criticism Over Peterson Decision

    Minnesota Vikings Facing Criticism Over Peterson Decision

    The Minnesota running back is in the middle of a firestorm, and several sponsors are starting to distance themselves while the controversy envelopes a league in crisis.More >>
    The Minnesota running back is in the middle of a firestorm, and several sponsors are starting to distance themselves while the controversy envelopes a league in crisis.More >>
Powered by WorldNow

P.O. Box 8 Tulsa, OK 74101-0008

Powered by WorldNow

All content © Copyright 2000 - 2014 Worldnow and KTUL. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.