TORONTO, July 22, 2020 (GLOBE NEWSWIRE) — Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to announce the closing of a non-brokered private placement financing (the “Offering”) of units (“Units”) for aggregate gross proceeds of $648,500. The Offering consisted of 25,940,000 Units at a price of $0.025 per Unit, with each Unit consisting of one common share in the capital of the Company (“Common Share”) and one Common Share purchase warrant (“Warrant”). Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.05 for a period of sixty (60) months from closing of the Offering.
Bay Street News