Cascadero Copper {TSX.V: CCD} announced their recently announced placing has been oversubscribed, in a further sign that investor sentiment is turning positive for placings at long last.
Non-Brokered Private Placement Closed
Cascadero Copper {TSX.V: CCD} announced their recently announced placing has been oversubscribed
The non-brokered private placement announced on November 22, 2016 is over subscribed. Cascadero Copper Corporation has received subscriptions for 10,347,700 units for total cash proceeds of $1,347,700
Each unit is priced at $0.10 and consists of one Cascadero Copper common share and one share purchase warrant. Each one share purchase warrant entitles the holder to purchase one Cascadero Copper common share at $0.15 per share for a period of two-years from closing.
The Unit is subject to a 121-day hold period from closing.