Ridgemont Iron Ore Announces Closing of $9.1 Million Financing

By Midnight Trader,  June 14, 2012, 02:14:58 PM EDT

Ridgemont Iron Ore Corp. (RDG.V) is pleased to announce that it has closed its previously announced financing for aggregate gross proceeds of C$9.1 million. Ridgemont engaged Dundee Securities Ltd. on behalf of a syndicate of agents including Delano Capital Corp. and PowerOne Capital Markets Limited in connection with the Offering.

Ridgemont has closed a private placement of 18,992,500 flow-through units at a price per Flow-Through Unit of $0.40 and 3,967,900 units at a price per unit of $0.38 (for total gross proceeds of $9,104,802.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



Latest News Video

All Mod Cons in Ghana's Building Boom
All Mod Cons in Ghana's Building Bo...
Korea Takes the Fashion World by Stealth
Korea Takes the Fashion World by St...
The Tumblr Effect: China's User-Hungry Net Giants Splash Out
The Tumblr Effect: China's User-Hun...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.51 0.08  0.60%
RAD $ 2.80 0.01  0.36%
CSCO $ 23.94 0.30  1.24%
MSFT $ 35.06 0.19  0.54%
WCRX $ 19.60 0.39  2.03%
SIRI $ 3.49 0.01  0.29%
FB $ 25.76 0.49  1.87%
S $ 7.29 0.03  0.41%