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Coeur Mining buys 9.6 million Int'l Northair shares 2013-07-22 08:52 ET - News Release Also News Release (C-INM) International Northair Mines Ltd Ms. Bridget Freas of Coeur reports COEUR MINING INCREASES INVESTMENT IN INTERNATIONAL NORTHAIR MINES LTD. Coeur Mining Inc., by way of an agreement with International Northair Mines Ltd., has subscribed for 9.6 million common shares in the capital of Northair at a purchase price of 14 cents per common share, for total consideration of $1,344,000, as part of a private placement transaction of Northair issuing, in the aggregate, 13,153,896 common shares and warrants to purchase 1,776,947 common shares. In connection with Coeur's investment in Northair and as part of the consideration for the common shares, Coeur has agreed to the cancellation of all warrants to purchase common shares previously held by Coeur. Upon closing of the transaction, Coeur will own and control 20.35 million common shares (representing approximately 19.40 per cent of the issued and outstanding Common Shares in Northair). On a fully diluted basis, this represents ownership and control of 19.08 per cent of all the issued and outstanding common shares of Northair. This change in its ownership represents the acquisition by Coeur of common shares representing in excess of 2 per cent of the outstanding common shares. Coeur is acquiring the common shares and is agreeing to cancel the Northair warrants for investment purposes. Depending on market and other conditions, Coeur may, from time to time, increase or decrease its ownership, control, or direction over the common shares and/or other securities of Northair. |
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| aus der Diskussion: | !!CDE!!COEUR D ALENE--- SILBERAKTIE-mit viel Potenzial.! |
| Autor (Datum des Eintrages): | debigboss (22.07.13 15:22:14) |
| Beitrag: | 1,513 von 1,516 (ID:45091071) |
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