Novadx Ventures Corp announced that Novadx and Canaccord Financial have agreed to amend the terms of the brokered offering of a minimum of 25,200 to a maximum of 30,000 secured, redeemable debentures to be issued by MCoal, Novadx wholly owned subsidiary, first announced on January 22nd 2010.
The Debentures, which were originally to be issued at an offering price of US USD 100 per Debenture for gross proceeds of a minimum of USD 2,520,000 to a maximum of USD 3,000,000 will now be offered at an offering price of CDN 100 per Debenture for gross proceeds of a minimum of CDN 2,520,000 to a maximum of CDN 3,000,000. All other terms of the offering will remain unchanged. For complete details of the proposed offering, please refer to Novadx January 22, 2010 press release.
http://www.steelguru.com/news/index/2010/02/08/MTMyMDEy/Novadx_and_MCoal_amend_coal_debenture_offering.html
Monday, February 8, 2010
Novadx and MCoal amend coal debenture offering
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