Aldrin Resource Corp. Announces Financing

Aldrin Resource Corp. (TSXV:ALN) announced a non-brokered financing of up to $750,000, at $0.055 per unit. The Company also announced a $350,000 non-brokered flow-through private placement of units at $0.075 per unit.

As quoted in the press release:

Each unit will be comprised of one common share and one half share purchase warrant. Each full warrant is exercisable into one additional Aldrin common share at $0.10 per share for a period of 24 months from closing.

Aldrin also announces a $350,000 non-brokered flow-through private placement of units at $0.075 per unit (the “FT Financing”). Each unit will be comprised of one flow-through common share and one half share purchase warrant. Each full warrant is exercisable into one additional Aldrin common share at $0.14 per share for a period of 24 months from closing.

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