Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Cadillac Ventures Inc. (TSX VENTURE:CDC) (“Cadillac” or the “Company”) is pleased to announce that it has engaged a syndicate of agents led by NCP Northland Capital Partners Inc. and including Stifel Nicolaus Canada Inc. and Secutor Capital Management Corporation (the “Agents”) to complete a private placement financing, on a reasonable efforts basis, of units (the “Units”) at a price of $0.21 per Unit and flow-through common shares (the “Flow-Through Shares”) at a price of $0.23 per Flow-Through Share, in any combination, for aggregate gross proceeds of up to $7,000,000.