Tombstone Exploration Corp. (TMBXF) Closes Non-Brokered Private Placement
On Thursday, Tombstone Exploration Corp. reported that they closed their non-brokered private placement for gross proceeds of $500,000 through the issuance of 10,000,000 units at a price of $0.05 per Unit. Each Unit consists of one share of common stock and one-half of one common share purchase warrant (each whole warrant share a "Warrant"). Each Warrant entitles the holder to purchase one common share (a "Warrant Share") at a price of $0.10 until July 14, 2014. Tombstone Exploration Corp. has paid finder's fees consisting of shares of common stock and warrants equal to 7 percent of the securities placed by…