Business News • MarketWire • MF2 Investment Company 1 LP Acquires Units of Oracle Mining Corp. |
MF2 Investment Company 1 LP Acquires Units of Oracle Mining Corp. |
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MF2 Investment Company 1 LP Acquires Units of Oracle Mining Corp.
TORONTO, ONTARIO--(Marketwire - Nov. 21, 2012) - MF2 Investment Company 1 LP ("MF2") reports that it has acquired ownership of 9.8 million units ("Units") of Oracle Mining Corp. ("Oracle") pursuant to a private placement offering at a subscription price of $0.85 per Unit for an aggregate amount of $8,330,000. Each Unit consists of one common share of Oracle (each, a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles MF2 to acquire a Common Share at a price of $1.02 per Common Share for a period of 36 months from the date of issue.
View More : http://www.marketwire.com/mw/release.do?id=1729264&sourceType=3
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