Business News • MarketWire • Prelim Capital, Hudson River Minerals Complete Further Private Placement |
Prelim Capital, Hudson River Minerals Complete Further Private Placement |
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Prelim Capital, Hudson River Minerals Complete Further Private Placement
TORONTO, ONTARIO--(Marketwire - March 24, 2010) - Prelim Capital Inc. ("Prelim" or the "Company") (TSX VENTURE:PLM.P), a capital pool company, is pleased to announce that, further to its press release dated March 4, 2010, Hudson River Minerals Ltd. ("Hudson River"), has closed the brokered private placement (the "Private Placement") with IBK Capital Corp. ("IBK") acting as agent for aggregate gross proceeds of CDN$425,000. The aggregate gross proceeds from (i) the first tranche of the Private Placement, which closed on March 9, 2010, represent the sale of 1,000,000 non-transferrable special warrants of Hudson River (the "Special Warrants") and (ii) the second tranche of the Private Placement, which closed on March 22, 2010, represent the sale of 3,250,000 Special Warrants, each Special Warrant issued at a price of $0.
View More : http://www.marketwire.com/mw/release.do?id=1137317&sourceType=3
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