Premium Closes $500,000 Non-Brokered Private Placement With Osisko Mining Corporation

Описание

equities.com/news/headline-story?dt=2012-08-31&val=436653&cat=material VANCOUVER, BRITISH COLUMBIA (Marketwire) 08/31/12 Premium Exploration Inc. (TSX VENTURE: PEM)(OTCQX: PMMEF) ( Premium or the Company ) is pleased to announce that effective August 30, 2012 it has closed a non-brokered private placement (the Private Placement ) with Osisko Mining Corporation (TSX: OSK) for 7,142,857 units (each a Unit ) of the Company to raise gross proceeds of $500,000 at a price of $0.07 per share. Each Unit is comprised of one common share (a Share ) and one common share purchase warrant (a Warrant ). Each Warrant entitles the holder to acquire an additional Share of the Company at a price of $0.20 per Share for a period of 3 years from the date of issuance.