ENP Newswire -
Release date- 25022014 -
The Company has issued 7,700,000 common shares at a price of
The Offering was led by
North Arrow and the Underwriters have mutually agreed to extend the over-allotment option, also announced on
This press release does not constitute an offer to sell or a solicitation of an offer to buy securities, nor shall there be any sale of securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, (the 'U.S. Securities Act') or any state securities laws and may not be offered or sold within
North Arrow is a Canadian based exploration company focused on the identification and evaluation of diamond exploration opportunities in
President and CEO
Tel: 604 668 8355
This news release contains 'forward-looking statements' including but not limited to statements with respect to North Arrow's plans, and the use of the net proceeds of the Offering.
Forward-looking statements, while based on management's best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the successful integration of acquisitions; risks related to general economic and market conditions; closing of financing; the timing and content of upcoming work programs; actual results of proposed exploration activities; possible variations in mineral resources or grade; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; changes in national and local government regulation of mining operations, tax rules and regulations.
Although North Arrow has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. North Arrow undertakes no obligation or responsibility to update forward-looking statements, except as required by law.
Most Popular Stories
- 5 Notable Hispanic Technology Executives
- Top Hispanic Tech Companies Push for the Top
- Tesla's Alt-Energy Future Aims for Massive Lithium-Ion Battery Production
- Rand Paul Tops Presidential Straw Poll at Conservative PAC Conference
- New Chat App, Yik Yak, Causes Problems for Students
- China Urges Malaysia Flight Emergency Response
- Russia, Crimea Discuss Referendum
- Visa, MasterCard Team Up to Focus on Payment Security
- Obama Meets with Ukraine Prime Minister Wednesday
- Gas Prices May Jump from Calif. Emissions Law