Woodjam Copper Completes Private Placement
Vancouver, BC, June 28, 2017 – Consolidated Woodjam Copper (“Woodjam Copper”) (TSX-V: WCC) Completes Private Placement, Grants Stock Options
Consolidated Woodjam Copper Corp. has completed, subject to regulatory approval, a brokered private placement for the sale of two million units at a price of six cents per unit (each unit comprising one common shares and one warrant for the purchase of one additional common share at a price of eight cents per share for a term of three years from the date of closing of the private placement).
All the securities issued in the private placement are subject to a four-month hold period and may not be traded until four months from the date of regulatory approval. The company will pay a commission of 18,000 common shares on behalf of the placement. The proceeds of the offering shall be applied to administration costs.
About Consolidated Woodjam Copper Corp.
Consolidated Woodjam Copper, based on its acquisition agreement with Gold Fields, owns a 100-per-cent interest in the Woodjam North and Woodjam South projects in British Columbia.