SIMBA ENERGY INC CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT …
Each Warrant is exercisable for four years to purchase one additional common share (a “Warrant Share”) at a price of Cdn$0.10 per Warrant Share until June 30, 2016 and, thereafter, at a price Cdn$0.15 per Warrant Share until June 30, 2018. SIMBA ENERGY …
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