Business News • MarketWire • Zebra Holdings and Investments S.a.r.l. Acquires Units of Orca Gold Inc. |
Zebra Holdings and Investments S.a.r.l. Acquires Units of Orca Gold Inc. |
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Zebra Holdings and Investments S.a.r.l. Acquires Units of Orca Gold Inc.
LUXEMBOURG, LUXEMBOURG--(Marketwired - July 7, 2017) - Lorito Holdings S.à.r.l. ("Lorito") and Zebra Holdings and Investments S.à.r.l. ("Zebra"), two companies controlled by a trust settled by the late Adolf H. Lundin, and as such joint actors, both incorporated under the laws of Luxembourg, 40, Boulevard Grande Duchesse Charlotte, L-1330 Luxembourg, announced today that Zebra has, pursuant to a Private Placement, acquired ownership and control of 6,750,000 Units ("Units") of Orca Gold Inc. ("Orca" or the "Company" / TSX.V: ORG) at a price of Can$0.40 per Unit. Each Unit consists of one common share and a one half share purchase warrant, with each full warrant exercisable at Cdn$0.55 for 12 months from the date of closing of the Private Placement. The common shares forming part of the Units acquired represent approximately 4.48% of the outstanding shares of Orca. The Private Placement was announced by the Company in its press release dated June 12, 2017.
View More : http://www.marketwired.com/mw/release.do?id=2225332&sourceType=3
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