Jager Metal Corp. (DB:1JM) announced a non-brokered private placement of 428,572 units at CAD 0.35 per unit for gross proceeds of CAD 150,000 on November 23, 2013. Each unit consists of one common share and one-half of one transferable warrant. Each warrant entitles the holder to purchase an additional common share of the company at CAD 0.50 per share for a period of two years from the closing of the transaction. The securities being issued are subject to a hold period of four months from the date of issuance.


On January 17, 2014, Jager Metal Corp. closed the transaction. The company issued 80,000 units for gross proceeds of CAD 28,000.