Brief: Corridor Resources Announces Proposed Appointment Of Former Raging River Management Team, Financing And Changing Of Name To Headwater Exploration Inc.

Headwater Exploration

13/01/2020 13:22

Jan 13 (Reuters) - Corridor Resources Inc  CDH.TO :
    * CORRIDOR RESOURCES INC. ANNOUNCES PROPOSED APPOINTMENT OF
FORMER
RAGING RIVER MANAGEMENT TEAM, FINANCING AND CHANGING OF NAME TO
HEADWATER EXPLORATION INC.
    * CORRIDOR RESOURCES INC - NEW MANAGEMENT TEAM WILL BE LED
BY NEIL
ROSZELL AS CHAIRMAN AND CEO
    * CORRIDOR RESOURCES INC - JASON JASKELA WILL BE PRESIDENT
AND COO
    * CORRIDOR RESOURCES INC - ALI HORVATH WILL BE CFO
    * CORRIDOR RESOURCES - INITIAL INVESTORS, CO HAVE AGREED
THAT
CORRIDOR BOARD WILL BE RECONSTITUTED
    * CORRIDOR RESOURCES - DEAL PROVIDES FOR PRIVATE PLACEMENT
OF
UNITS OF CORRIDOR FOR GROSS PROCEEDS OF $20.0 MILLION
    * CORRIDOR RESOURCES - DEAL PROVIDES FOR PRIVATE PLACEMENT
OF
COMMON SHARES FOR GROSS PROCEEDS OF UP TO $30.0 MILLION

Source text for Eikon:  ID:nCNWVxtrXa 
Further company coverage:  CDH.TO 

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