CAP S.A. Announces Subscription for Shares of Aclara Resources Inc.
CAP S.A. (SSE: CAP) ("CAP") has entered into a subscription agreement (the "Agreement") with Aclara Resources Inc. ("Aclara"), a Toronto Stock Exchange ("TSX") listed issuer pursuant to which CAP has agreed to purchase 9,686,220 common shares of Aclara (the "Shares") at a purchase price of C$2.83 per Share, being US$20,000,001.89 in the aggregate. Completion of the subscription is subject to customary conditions precedent, including approval by Aclara's shareholders and the TSX.
CAP S.A. (SSE: CAP) ("CAP") has entered into a subscription agreement (the "Agreement") with Aclara Resources Inc. ("Aclara"), a Toronto Stock Exchange ("TSX") listed issuer pursuant to which CAP has agreed to purchase 9,686,220 common shares of Aclara (the "Shares") at a purchase price of C$2.83 per Share, being US$20,000,001.89 in the aggregate. Completion of the subscription is subject to customary conditions precedent, including approval by Aclara's shareholders and the TSX.