The Casimir people have been busy of late. Interesting that they are in New York, dealing with 2 Canadian entities.
ECU recent private placement.
Toronto, December 9, 2009 - ECU Silver Mining Inc. (TSX:ECU) ("ECU") is pleased to report that it has closed its previously announced private placement of special warrants for total gross proceeds of approximately $12.2 million.
The size of the offering was increased due to the strong market support for the offering. A total of 16,946,000 special warrants were issued at a price of $0.72 per special warrant. Each special warrant entitles its holder to acquire upon exercise one unit, with each unit being comprised of one common share of ECU and one-half of a common share purchase warrant. Each full purchase warrant will entitle its holder to acquire one common share at a price of $0.90 at any time on or before December 9, 2011.
Casimir Capital L.P., an investment bank based in New York City, acted as financial advisor to ECU in connection with this private placement.
Kodiak Exploration 21,241,774 share private placement
2009-12-18 20:14 NT - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced Dec. 1, 2009, and amended on Dec. 15, 2009.
Number of shares: 21,241,774 flow-through shares
Purchase price: 65 cents per share Hidden placees: 59 hidden placees participated
Agents' fees: $488,281.99 and 737,126 agent warrants payable to Casimir Capital LP; $196,192.28 and 315,911 agent warrants payable to National Bank Financial Inc.; $143,954.92 and 221,469 agent warrants payable to Limited Market Dealer Inc. (Each agent warrant is exercisable at 80 cents for a 12-month period into one common share.)
Some good bonuses for Casimir this Christmas.
