TransactionsCassels Brock Acts for the Agents as East Asia Minerals Completes $8 Million Brokered Private Placement and $5 Million Non-Brokered Private PlacementPublished: 01/05/2012 By Chad Accursi, Nancy Choi, Myroslav Chwaluk On December 15, 2011, East Asia Minerals Corporation announced that it completed its private placements of 26,000,000 units. 16,000,000 units were issued and sold on a “best efforts” agency basis for aggregate gross proceeds of $8,000,000 (the "brokered offering") and, concurrently, a further 10,000,000 units were issued pursuant to a non-brokered private placement for aggregate gross proceeds of $5,000,000. The brokered offering was sold by a syndicate of agents led by RBC Capital Markets and including Jennings Capital Inc. and Cormark Securities Inc. (the “Agents”). Cassels Brock acted for the Agents with a team that included Chad Accursi (Securities & Mining), Nancy Choi (Securities & Mining) and Myroslav Chwaluk (Securities). |