A special warrant financing to the tune of $15 million is being arranged by Minefinders (MFL-V).
Three investment firms — Nesbitt Burns, Midland Walwyn Capital and HSBC James Capel Canada — will buy 3 million special warrants at $5 each, with an option to buy an additional 300,000. Each special warrant will be exerciseable into one share of Minefinders at no further cost. Proceeds will be applied to Minefinders’ exploration projects.
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