www.unuudur.com » Khan Announces Private Placement of Shares

Khan Announces Private Placement of Shares

[Нийтэлсэн: 09:56 15.05.2015 ]

www.juniorminingnetwork.com

Khan Resources Inc. (“Khan” or the “Company”) (CSE:KRI) announces that it intends to raise approximately $2,000,000 in a non-brokered private placement by issuing approximately 5,000,000 common shares of the Company at a price of $0.40 per common share.

The offering is expected to close in May, 2015 and any securities to be issued in connection with the offering will be subject to a hold period of 4 months and 1 day under applicable securities legislation.

Khan intends to use the proceeds of the offering to: (i) advance proceedings to enforce the collection of a US$104 million arbitration award rendered in March 2015 in favour of Khan and against the Government of Mongolia; and (ii) for general corporate purposes.



Шинээр

Scientists produce high-grade rare earths from coal
[Нийтэлсэн: 22.11.2017 ]
[Эх сурвалж: ]
Back From the Brink, Mongolia’s Markets Boom
[Нийтэлсэн: 16.11.2017 ]
[Эх сурвалж: ]
In bizarre twist, coal may become a scarce commodity: Russell
[Нийтэлсэн: 30.10.2017 ]
[Эх сурвалж: ]
Copper prices fall
[Нийтэлсэн: 26.10.2017 ]
[Эх сурвалж: ]
Mongolia launches $650m bond offering
[Нийтэлсэн: 26.10.2017 ]
[Эх сурвалж: ]
Xi’s China a boon for mining
[Нийтэлсэн: 24.10.2017 ]
[Эх сурвалж: ]

Get Flash to see this player.