SOPerior Fertilizer closes non-brokered financing
Published by John Williams,
Editorial Assistant
World Fertilizer,
SOPerior Fertilizer Corp. has announced it has closed a non-brokered private placement in which it has issued 3 165 000 units at US$0.065/unit for gross proceeds of US$205 725. Each unit is comprised of one common share and one half common share purchase warrant exercisable at US$0.12 for 3 years.
The proceeds from the private placement will be used to bolster the company’s treasury for the legal proceedings currently underway.
Finders fees of US$12 435.50 cash were paid in connection with the financing. In accordance with applicable securities legislation, all securities issued in the private placement are subject to a statutory hold period of four months and one day.
Read the article online at: https://www.worldfertilizer.com/potash/24062019/soperior-fertilizer-closes-non-brokered-financing/
You might also like
CF Industries announces emissions reduction project at Yazoo City
CF Industries has announced that it is moving forward with a carbon capture and sequestration (CCS) project at its Yazoo City, Mississippi, Complex that is expected to reduce carbon dioxide (CO2) emitted to the atmosphere from the facility by up to 500 000 tpy.