ENP Newswire -
Release date- 04072014 -
The Company has issued 11,042,098 units (the 'Units') at a price of
Cash finders fees to arm's length parties of 7%, totaling
All of the securities issued today pursuant to the Offering will have a hold period which expires
The Company intends to use the net proceeds of the Private Placement for the advancement of the Company's
About Northern Vertex
It is a potential heap leach, open pit project being advanced under a three-phase business plan, specifically designed to ensure that technical, economic, permitting and funding requirements are met prior to each phase proceeding.
The Company's management comprises an experienced team with a strong background in all aspects of acquisition, exploration, development, operations and financing of mining projects worldwide. The Company is focused on working effectively and respectfully with our stakeholders in the vicinity of the historical Moss Mine and enhancing the capacity of the local communities in the area.
For further information, please visit www.northernvertex.com
The information in this news release has been prepared as at
Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by the Company as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as otherwise required by law, the Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which any such statement is based.
More particularly, this release contains statements concerning the anticipated Private Placement. Accordingly, there is a risk that the Private Placement will not be completely sold, completed within the anticipated time or at all.
Most Popular Stories
- Study: Recessions Can Postpone Motherhood Forever
- Hispanic Entrepreneurs Short-changed in Texas
- Tim Cook Has Proved That Apple is His Baby
- Who Is Daniel Ivascyn?
- Hispanics Carry Big Clout: Census
- Washington's 'The Equalizer' Debuts With $35 Million
- China Approves iPhone 6 After Security Assurances
- Netflix Eyes Hollywood With Feature Film
- Effort to Oust Assad Put on Hold
- Meet the YouTube Tech Review Sensation