DNT - Candente Corp.
die gute alte Candente, immer noch mit Joanne Freeze als CEO, die auch selbst zeichnet......
da der Kupferpreis aktuell sich ordentlich entwickelt scheint auch wieder hier das Interesse zu erwachen
Das Projekt in Peru ist wirklich nicht ohne, auf WL
August 30, 2017 17:09 ET
Candente Copper Announces Oversubscription of Financing
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2017) -
Candente Copper Corp. (TSX:DNT)(LMA:DNT) ("Candente Copper" and/or the "Company") is pleased to announce that the non-brokered private placement launched on August 24, 2017 (news Release No. 094) (the "Private Placement") is currently over-subscribed. As a result, the size of the offering has been increased from Cdn$500,000 to approximately Cdn$750,000. The gross proceeds will be used for working capital and general corporate purposes including ongoing community initiatives in Peru. Qualified investors are welcome to participate in the Private Placement until 2pm PDT on Friday, September 1, 2017.
The overall size of the Private Placement will be increased to approximately 8.3M units ("Units"). Terms of the financing have not changed: the Units remain priced at Cdn$0.09 per Unit, with each Unit consisting of one common share and one half share purchase warrant. Each full warrant (a "Warrant") entitles the holder to purchase one additional share of the Company's common stock (a "Warrant Share") for two years at a conversion price of Cdn$0.15, subject to an acceleration provision. If at any time after January 30th, 2018, the Company's common shares have a closing price on the TSX Exchange at or above a price of Cdn$0.30 per share for a period of 10 consecutive trading days, the Company may give notice by News Release that expiration of the Warrants will be accelerated to 40 days from the date of providing such notice. Both Unit and Warrant Shares will be subject to a mandatory 4 month hold period commencing the day of closing of the Private Placement.
If aggregate subscriptions for Units under Private Placement exceed the maximum number of Units to be sold, Candente Copper may further increase the size of the Private Placement (subject to compliance with the TSX's pricing rules) or subscriptions will otherwise be accepted on a "first-come, first-served" basis. The Company may pay finder's fees in connection with a portion of the Private Placement.
Joanne Freeze, CEO and a director of the Company, and other directors of the Company are to subscribe for a portion of the Private Placement, which in total will be for less than 25% of Candente Copper's market capitalization. The Company is therefore intending to rely upon exemptions from the valuation and minority shareholder approval requirements contained in sections 5.5(a) and 5.7(1)(a) of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions.
die gute alte Candente, immer noch mit Joanne Freeze als CEO, die auch selbst zeichnet......
da der Kupferpreis aktuell sich ordentlich entwickelt scheint auch wieder hier das Interesse zu erwachen

Das Projekt in Peru ist wirklich nicht ohne, auf WL
August 30, 2017 17:09 ET
Candente Copper Announces Oversubscription of Financing
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2017) -
Candente Copper Corp. (TSX:DNT)(LMA:DNT) ("Candente Copper" and/or the "Company") is pleased to announce that the non-brokered private placement launched on August 24, 2017 (news Release No. 094) (the "Private Placement") is currently over-subscribed. As a result, the size of the offering has been increased from Cdn$500,000 to approximately Cdn$750,000. The gross proceeds will be used for working capital and general corporate purposes including ongoing community initiatives in Peru. Qualified investors are welcome to participate in the Private Placement until 2pm PDT on Friday, September 1, 2017.
The overall size of the Private Placement will be increased to approximately 8.3M units ("Units"). Terms of the financing have not changed: the Units remain priced at Cdn$0.09 per Unit, with each Unit consisting of one common share and one half share purchase warrant. Each full warrant (a "Warrant") entitles the holder to purchase one additional share of the Company's common stock (a "Warrant Share") for two years at a conversion price of Cdn$0.15, subject to an acceleration provision. If at any time after January 30th, 2018, the Company's common shares have a closing price on the TSX Exchange at or above a price of Cdn$0.30 per share for a period of 10 consecutive trading days, the Company may give notice by News Release that expiration of the Warrants will be accelerated to 40 days from the date of providing such notice. Both Unit and Warrant Shares will be subject to a mandatory 4 month hold period commencing the day of closing of the Private Placement.
If aggregate subscriptions for Units under Private Placement exceed the maximum number of Units to be sold, Candente Copper may further increase the size of the Private Placement (subject to compliance with the TSX's pricing rules) or subscriptions will otherwise be accepted on a "first-come, first-served" basis. The Company may pay finder's fees in connection with a portion of the Private Placement.
Joanne Freeze, CEO and a director of the Company, and other directors of the Company are to subscribe for a portion of the Private Placement, which in total will be for less than 25% of Candente Copper's market capitalization. The Company is therefore intending to rely upon exemptions from the valuation and minority shareholder approval requirements contained in sections 5.5(a) and 5.7(1)(a) of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions.