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Tahera Corporation Closes Previously Announced Financing |
12/06/2002 |
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Download this Press Release
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TAHERA CORPORATION
PRESS RELEASE
(TSX: TAH)
TAHERA CORPORATION CLOSES
PREVIOUSLY ANNOUNCED FINANCING
Toronto – Friday, December 6, 2002
Tahera Corporation is pleased to announce that it has closed the previously announced private placements of flow-through common shares.
Tahera issued a total of 11,250,000 flow-through common shares at a subscription price of $0.16 per share, for gross proceeds of $1.8 million.
Tahera will utilize the proceeds from the private placements to fund additional exploration on its diamond exploration projects in Nunavut and the Northwest Territories.
To find out more about Tahera Corporation
(TSX: TAH), visit our website, www.tahera.com.
Tahera Corporation is focused on developing its highly prospective diamond projects in Canada’s prolific Slave Craton.
Tahera is the operator of its wholly-owned Jericho Diamond Project in Nunavut, and has an exciting joint venture with Rio Tinto on the Rockinghorse Property (Anuri kimberlites) in Nunavut.
The common shares of the Company trade on the Toronto Stock Exchange under the symbol "TAH”.
For further information, please contact:
Grant Ewing, Vice President Investor Relations and Corporate Development
Tel: (416) 777-1998 Fax: (416) 777-1898 Toll free: (877) 777-2004
Email: investor@tahera.com
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