Small private placements
, some under $1 million, are common in start-up or early financing rounds for companies that might have otherwise considered venture capital investments.
The disclosure and due diligence requirements of a Rule 144A offering might come as a surprise to a company whose only experience in raising capital has been through traditional private placements
Investors can provide expansion dollars through private placements
However, the private placement
market is not exactly like the bank loan market: Private placements
are mainly longer-term, fixed-rate debt, and borrowers in this market are on average larger and less information problematic than bank borrowers.
After the private placements
, Aura Gold has 34,930,718 common shares issued and outstanding on a non-diluted basis, and 42,330,718 shares on a fully diluted basis.
Capital markets in the 1980s were quite open to middle-market companies, from bank financing, the junk-bond market, and private placements
to a generally booming equity market.
All securities issued under the private placements
are subject to a hold period of 4 months and one day.
The Company is pleased to announce that its private placements
announced on February 24, 2006, 1st tranche closing announced on February 28, 2006, (the "Initial Private Placement
") has been over-subscribed.
OTC: ILKG), today announced the completion of two private placements
with institutional and other accredited investors raising a total of $2,000,000.
Wycliffe") is pleased to announce that it has completed two private placements
for gross proceeds of $482,000.
The securities issued pursuant to both private placements
are subject to a four month hold period ending March 29, 2006.
Atlantic-Pacific Capital, one of the largest independent global placement agents for alternative investment funds and direct private placements
, announces the addition of Terry Wetterman, Jr.