Bubble Pricker Posted November 7, 2007 Report Share Posted November 7, 2007 SILVER FIELDS ANNOUNCES PRIVATE PLACEMENT Silver Fields Resources Inc. is offering a non-brokered private placement for securities in the amount of $690,000. The issue will consist of the following: Non-flow-through units Up to three million non-flow-through units at 10 cents per unit. Each unit consists of one non-flow-through common share in the capital of the company and one share purchase warrant. Each warrant will entitle the holder to buy one additional common share of the company for a period of 24 months from the date of the closing of the private placement at an exercise price of 15 cents for the first 12-month period and 20 cents for the second 12-month period Flow-through units Up to three million flow-through units at 13 cents per unit. Each unit consists of one flow-through common share in the capital of the company and one non-flow-through common share purchase warrant. Each warrant will entitle the holder to buy one additional common share of the company for a period of 24 months from the date of the closing of the private placement at an exercise price of 18 cents for the first 12-month period and 23 cents for the second 12-month period. The gross proceeds of the offering will be used in part for general working capital and the flow-through portion of the private placement will be used for qualified Canadian exploration expenditures. Link to comment Share on other sites More sharing options...
drbubb Posted November 13, 2007 Report Share Posted November 13, 2007 Chart: Silver Field Res. (SF.v) Link to comment Share on other sites More sharing options...
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