Business News • MarketWire • Northfield Capital Corp. Acquires Securities of White Pine Resources Inc. |
Northfield Capital Corp. Acquires Securities of White Pine Resources Inc. |
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Northfield Capital Corp. Acquires Securities of White Pine Resources Inc.
TORONTO, ONTARIO--(Marketwire - Dec. 9, 2010) - Northfield Capital Corporation ("Northfield") (TSX VENTURE:NFD.A) announces that it has acquired ownership of an aggregate of 600,000 units (the "Units") of White Pine Resources Inc. ("WPR" or the "Company") on December 9, 2010, each such Unit consisting of one common share of WPR (each, an "Acquired Share") and one-half of one common share purchase warrant (each whole such share purchase warrant, a "Warrant"), with each Warrant entitling the holder thereof to acquire one additional common share of the Company, representing approximately 2.2% of the issued and outstanding common shares of the Company as at December 9, 2010 (or approximately 3.3% on a partially diluted basis assuming exercise of the Warrants only).
View More : http://www.marketwire.com/mw/release.do?id=1366955&sourceType=3
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