Business News • MarketWire • Ruby Creek Closes Oversubscribed Private Placement |
Ruby Creek Closes Oversubscribed Private Placement |
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Ruby Creek Closes Oversubscribed Private Placement
NEW YORK, NY--(Marketwire - May 10, 2011) - Ruby Creek Resources, Inc. (OTCBB: RBYC) is pleased to announce that it has raised in excess of $4,500,000 in its most recent Private Placement, exceeding the Company's goal of $3,000,000. The Placement, which is now closed, was a simultaneous offering under Rule 506 of Regulation D and Regulation S. Each Unit sold cost $0.50 and consisted of one common share and one warrant with an exercise price of $1.00 for two years. Ruby Creek did not pay any fees or commissions in connection with this Private Placement. Please refer to Ruby Creek's Form D SEC filing for full details.
View More : http://www.marketwire.com/mw/release.do?id=1512487&sourceType=3
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