Komet Completes $4.7 Million Financing to Fund Equipment & Exploration Activities, Canada
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Komet Resources Inc. has closed a non-brokered private placement for gross aggregate proceeds to Komet of $4,726,644.12. Two subscribers have participated in the offering: Top Premier SA and Dynamics Management SA.
Under their respective subscription agreement, the subscribers have certain pre-emptive rights to participate in future equity and equity-linked financings to maintain their respective share interests and may elect in certain circumstances to nominate a suitable qualified person for appointment or election to the board of directors of the corporation (although no such nomination is currently contemplated).
Komet will use the proceeds of the offering to fund the acquisition of production main equipment and exploration work on its properties.
To stop by Komet’s website, CLICK HERE
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