Tungsten Investing News » North American Tungsten Corporation Closes Convertible Debenture Offer at $3,250,000

North American Tungsten Corporation Closes Convertible Debenture Offer at $3,250,000

May 25, 2010 @ 7:17 pm In Tungsten Company News

North American Tungsten Corporation Ltd. ^[1] (TSX-V: NTC) has announced an the closing of an accumulated offering of CDN$3,250,000 by Convertible Debentures. This was previously announced on May 19, 2010.

Stephen M. Leahy, Chairman & CEO of NTC is quoted saying:

"The financing is subject to regulatory approval. It is anticipated that insiders of the Company will subscribe for approximately $1,095,000 principal amount of Convertible Debentures."

Click here to access the entire Press Release ^[2]

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URLs in this post:

[1] North American Tungsten Corporation Ltd.: http://www.northamericantungsten.com/s/Home.asp

[2] Click here to access the entire Press Release: http://www.northamericantungsten.com/s/NewsReleases.asp?ReportID=400676&_Type=&_Title=North-American-Tungsten-Corporation-Ltd.-Announces-Cdn3250000-Convertible-D...