DNI METALS INC. (DNI : TSX-Ven)(DG7 : Frankfurt)
TORONTO, April 6, 2015 /CNW/ - The Corporation's Board of
Directors approved the filing with TSXV of a Private Placement
Notice Form allowing it to complete a non-brokered private
placement of up to 12,500,000 Common Shares at a price of
$0.16 per Common Share for gross
proceeds of $2,000,000.00 (the
"Private Placement"). The offering will be subject to a 4 month
plus 1 day hold. Subject to TSXV conditional approval.
The use of Proceeds of the Private Placement will be for
corporate cash flow purposes.
Neither the TSXV nor its Regulation Services Provider (as that
term is defined in the policies of the TSXV) accepts responsibility
for the adequacy or accuracy of this release.
DNI - TSX Venture
DG7 - Frankfurt
Issued: 18,985,702
We seek Safe Harbour. This announcement includes forward
looking statements. While these statements represent DNI's best
current judgment, they are subject to risks and uncertainties that
could cause actual results to vary, including risk factors listed
in DNI's Annual Information Form and its MD&As, all of which
are available from SEDAR and on its website.
SOURCE DNI Metals Inc.