Zadar Ventures Closes First Tranche of Private Placement

 Zadar Ventures Ltd. (TSXV:ZAD) closed the first tranche of its non-brokered private placement for $933,000, at a price of $0.20 per unit.

As quoted in the press release:

Each unit will consist of one common share and one non-transferable share purchase warrant (the “Warrant”). Each Warrant entitles the holder to purchase a common share (the “Warrant shares”) of the Company at a price of $0.30 per Warrant share for a period of one year from the date of closing of the private placement.

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