Puget Ventures Inc. (TSXV:PVS) filed and received a receipt for an amended and restated preliminary short form prospectus regarding an offering of a minimum of 10,312,500 subscription receipts and a maximum of 26,668,250 subscription receipts, for minimum total gross amount of $6,187,500.

As quoted in the press release:

Each Subscription Receipt will entitle the holder thereof to receive, without payment of additional consideration or further action, and subject to adjustment, upon the satisfaction of the Release Conditions (as defined herein), one unit of the Company (a “Unit”). Each Unit will be comprised of one common share of the Company (a “Unit Share”) and one share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to purchase one common share of the Company at a price of $0.90 per share for a period of 36 months.

Click here to read the Puget Ventures Inc. (TSXV:PVS) press release

See this press release on Marketwire
Click here to see the Puget Ventures Inc. (TSXV:PVS) profile.