November 03, 2009
Brazauro Resources Corporation (TSXV: BZO) completed a private placement offering of units for gross proceeds of $4,978,804. An aggregate of 5,939,746 units (from a total of 7,659,699 units) were sold pursuant to the brokered portion of the offering. Each unit consisted of one common share and one-half of one common share purchase warrant with each whole warrant entitling the holder thereof to purchase an additional common share at a price of $1.00 per share until May 3, 2011.
M Partners Inc. and Industrial Alliance Securities Inc. acted as agents for the brokered portion of the offering.
Wildeboer Dellelce LLP acted for the agents with a team that included Vaughn MacLellan, Susan Mitchell and Nancy Son-Wilkening (corporate/securities).