Celeste Closes Prospectus Offering And Trades on TSX Venture Exchange
2008-08-14 12:42:00
CALGARY, ALBERTA–(EMWNews – Aug. 14, 2008) – Celeste Copper Corporation (TSX VENTURE:C) (the “Company”) announces it has commenced trading on the TSX Venture Exchange as of this morning, August 14th, 2008.
Celeste Copper Corporation is exploring a World class Copper, Gold and Silver prospect in the Atacama Desert of Chile within proximity of the Candelaria and Refuguio open pit mines. A NI 43-101 was completed on the property in late 2007 and surface work has included a decline ramp and bulk sampling and metallurgical testing. A reverse circulation drill program was also completed on the property in 2007. The property enjoys ready access to power and water and is in close proximity to a skilled workforce.
On July 25th, 2008 the Company closed a financing in the amount of $2,000,000 with Leede Financial Markets as the agent. The offering consisted of 10,000,000 units at a price of $0.20 per Unit for aggregate proceeds of $2,000,000. Each Unit consisted of one common share and one half-warrant exercisable at a price of $0.25 for a period of 18 months from the date of issuance.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
For more information, please contact Celeste Copper Corporation or Brisco Capital Partners |
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