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One News Page » Category » Press Releases » Friday, 6 November 2009 » Ember Resources Inc Reports Third Quarter 2009 Results

Information / Related NewsOpen Full Story in New WindowEmber Resources Inc. Reports Third Quarter 2009 Results and Equity Financing Update

Reported by marketwire on Friday, 6 November 2009 (on November 6, 2009)
marketwire
CALGARY, ALBERTA--(Marketwire - Nov. 6, 2009) -

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Ember Resources Inc. ("Ember") (TSX:EBR) announced today that it has filed its unaudited financial statements and related management's discussion and analysis ("MD&A") for the quarter ended September 30, 2009 on www.sedar.com.

EQUITY FINANCING

Ember announces that it has agreed to the terms of its previously announced equity offering of Common Shares (the "Offering"). Pursuant to the Offering, Ember will issue 23,530,000 Common Shares at a price of $0.85 per share, for total gross proceeds of approximately $20 million. The Offering is being conducted through a syndicate of underwriters led by RBC Capital Markets and including CIBC, FirstEnergy Capital Corp., GMP Securities L.P. and Peters & Co. Limited.



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