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14.04.2011
Thelon Capital Ltd.: Non-Brokered Private Placement Closed
Thelon Capital Ltd.: Non-Brokered Private Placement Closed
April 14, 2011
Thelon Capital Ltd. is pleased to announce that it has closed the second traunch of $3,137,500 for a total of $4,762,900 non-brokered private placement at $0.45 a unit announced March 1, 2011. Each unit will consist of one common share and one 2-year share purchase warrant exercisable at $1.00 the first year and $1.25 the second. The shares will have a hold period until Aug 13, 2011.
The placees included Mr. William Cousins and Mr. George Heard, both recently announced as new directors and officers to the Company’s Board.
“This investment by Tony and George is a strong statement of their commitment and excitement in making Thelon a major Appalachian Coal producer. We thank them for their strong endorsement of our business plan, as demonstrated by their significant personal investment in Thelon.” Jason Walsh, President.
THELON CAPITAL LTD.
On behalf of the Board of Directors
Per: Jason Walsh
President
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
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April 14, 2011
Thelon Capital Ltd. is pleased to announce that it has closed the second traunch of $3,137,500 for a total of $4,762,900 non-brokered private placement at $0.45 a unit announced March 1, 2011. Each unit will consist of one common share and one 2-year share purchase warrant exercisable at $1.00 the first year and $1.25 the second. The shares will have a hold period until Aug 13, 2011.
The placees included Mr. William Cousins and Mr. George Heard, both recently announced as new directors and officers to the Company’s Board.
“This investment by Tony and George is a strong statement of their commitment and excitement in making Thelon a major Appalachian Coal producer. We thank them for their strong endorsement of our business plan, as demonstrated by their significant personal investment in Thelon.” Jason Walsh, President.
THELON CAPITAL LTD.
On behalf of the Board of Directors
Per: Jason Walsh
President
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA8833871020">http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA8833871020</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.