Stocks and Investing Stocks and Investing
Wed, October 17, 2012
Tue, October 16, 2012
Mon, October 15, 2012
[ Mon, Oct 15th 2012 ] - Market Wire
Osisko Founder Retires
Fri, October 12, 2012
Thu, October 11, 2012
Wed, October 10, 2012
[ Wed, Oct 10th 2012 ] - Market Wire
Once-A-Year Beer

Reservoir Minerals Raises $13.65 Million From Accelerated Exercise of 2011 Warrants


//stocks-investing.news-articles.net/content/201 .. -from-accelerated-exercise-of-2011-warrants.html
Published in Stocks and Investing on Monday, October 15th 2012 at 4:15 GMT by Market Wire   Print publication without navigation


October 15, 2012 07:00 ET

Reservoir Minerals Raises $13.65 Million From Accelerated Exercise of 2011 Warrants

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 15, 2012) -Reservoir Minerals Inc. (the "Company") (TSX VENTURE:RMC)(PINKSHEETS:RVRLF)(BERLIN:9RE) is pleased to report that, of the 15,206,032 share purchase warrants ("Warrants") issued on October 13, 2011 as part of its private placement financing, 15,176,032 Warrants have been exercised for proceeds to the Company of $13,658,429. The remaining 30,000 Warrants that were not exercised expired at 4:30 p.m. (Vancouver time) on October 4, 2012.

The Company currently has 41,461,664 shares issued and outstanding and approximately $19.8 million in its treasury.

About the Company:

Reservoir Minerals Inc. is an international mineral exploration and development company run by an experienced technical and management team, with a portfolio of precious and base metal exploration properties in Serbia and West Africa.

For further information on Reservoir Minerals Inc., please consult our website [ www.reservoirminerals.com ].

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.




Publication Contributing Sources