Home / Mining Company News Releases (Unreviewed) / Canadian American Mining Closes Private Placement of Units with Pure Nickel

Canadian American Mining Closes Private Placement of Units with Pure Nickel

Reno, Nevada–(Newsfile Corp. – June 25, 2019) – Canadian American Mining announces that it has completed a non-brokered private placement with Pure Nickel, Inc. (“Financing”) of 2,333,333 units (“Unit”) at a price of $.05 per Unit for a cost of $116,667. Each Unit consists of one common share (‘Common Share”) and one-half of one Common Share purchase warrant (“Warrant”), each Warrant entitling the holder to purchase one additional Common Share at an exercise price of $0.12 for a period of two years after closing. All securities issued in conjunction with the Financing are subject to a statutory four month hold period from the date of issue. No commissions, broker fees or finders’ fees will be paid in conjunction with the closing of the Financing.

About Canadian American Mining

Canadian American Mining is a privately held company based in Reno, Nevada. The company continually looks at special situations for investment purposes. The company has (“Royalty Interests”) in Idaho and Nevada along with (“Mining Leases”) on (“Patented Ground’).

FOR FURTHER INFORMATION”

Canadian American Mining
Thomas J Menning
Managing Member
T. (775) 287-1664

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/45829

 

Disclaimer: This is an unedited and minimally reviewed public mining company press release originally published at http://www.newsfilecorp.com/release/45829/Canadian-American-Mining-Closes-Private-Placement-of-Units-with-Pure-Nickel. We have linked to our knowledge base articles from within the content of this release in order to help explain some of the terminology used and provide continuity from previous and related news coverage. You can access more in-depth mining company project reviews on our site, as well a knowledge base of articles on mineral exploration, mining and geology-related topics.

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