Jasper Mining Corporation to Raise $20,000 by Way of Private Placement

Date : 10/17/2016 @ 12:48PM
Source : PR Newswire (Canada)
Stock : Jasper Mining Corporation (JSP)
Quote : 0.09  0.0 (0.00%) @ 6:01AM
Jasper Mining Corporation share price Chart

Jasper Mining Corporation to Raise $20,000 by Way of Private Placement

Jasper Mining Corporation (TSXV:JSP)
Historical Stock Chart

1 Year : From Apr 2016 to Apr 2017

Click Here for more Jasper Mining Corporation Charts.

Trading Symbol: TSX-V: JSP
News Release No. 16-276-09

CALGARY, Oct. 17, 2016 /CNW/ - Jasper Mining Corporation ("Jasper") (TSX-V:JSP) is pleased to announce a non-brokered private placement of $20,000 through the sale of 400,000 hard dollar units at $0.05 per unit.  Each unit will consist of 1 common share and 1 common share purchase warrant with a term of 24 months, and an exercise price of $0.10.  The common shares and warrants will have a hold period of four months.

The private placement will result in the issuance of 400,000 common shares, and 400,000 share purchase warrants.

This is a non arms length issue at the current market price to one insider of Jasper Mining Corporation.

This News Release is being issued in accordance with TSX Venture Exchange procedure which requires a News Release be made that discloses the material details of the private placement.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

SOURCE Jasper Mining Corporation

Copyright 2016 Canada NewsWire

Your Recent History
Ivanhoe Mi..
Canadian D..
Xumanii In..
Euro vs Ca..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:35 V:ca D:20170501 02:19:25