Andover Announces Completion of Private Placement
(firmenpresse) - Andover Announces Completion of Private Placement
October 18, 2010, Vancouver, B.C. - Andover Ventures Inc. (“Andover” or the “Company”) (AOX-TSX:V) (AOVTF-United States) (R2X-Frankfurt Exchange) is pleased to announce it has received subscriptions to complete, with an over allotment, the non-brokered private placement announced October 14, 2010.
The placement was in heavy demand and the Company has accepted subscriptions for 4,223,250 units priced at 0.32 cents per unit for gross proceeds of $1,351,440.
A finder’s fee of $53,200 will be paid in connection with this transaction. This placement is subject to all applicable regulatory approvals.
For further information we invite you to visit us at www.andoverventures.com
ON BEHALF OF THE BOARD
Signed “Gordon Blankstein”
CEO and Chairman
CONTACT INFORMATION:
Investor Relations:
Richard Martens
Telephone: 1-604-682-2168
Int'l Toll Free: 1-800-266-4484
Facsimile: 1-604-682-2169
Suite 890-999 West Hastings St.
Vancouver, BC V6C-2W6
rick(at)andoverventures.com
The TSX Venture Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.
Leseranfragen:
ANDOVER VENTURES INC.
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