China stainless steel mogul fights to avoid a second collapse
A debt crisis is threatening the future of one of the world’s top stainless steel producers, Jiangsu Delong Nickel Industry.
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.