News Roundup — Comaplex completes financing

A previously announced private placement of 2 million Comaplex Minerals (TSE) units has been fully subscribed.

A unit is priced at $1.10 and consists of one common share and half of a common share purchase warrant. Each full common share purchase warrant entitles the holder to buy an additional share for $1.25. Half of the shares issued upon exercise of the warrants will be issued as flow-through warrants, and these will expire on April 30, 1997.

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