7th November 2016
White Cliff Minerals is pleased to announce that is has completed a $1.5 million placement to professional and sophisticated investors through the issue of 200 million new shares at 0.75 cents per share. Participants in the placement will also receive one attaching option exercisable at $0.013 on or before 31 December 2018 for every three shares subscribed.
Novus Capital Limited acted as Lead Broker and underwriter in respect of the Placement. The Placement was underwritten to $750,000 however investor demand was well in excess of the underwritten amount.
Funds raised pursuant to the Placement will be used primarily to fund the following exploration:
To view the full announcement, please click here