10:00 AM EST - Rugby Resources Ltd. : Has approved a proposed private placement offering of up to 20,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $2,000,000. Each Unit will consist of one common share and one half (0.5) common share purchase warrant. Each full warrant (two Half Warrants together) will entitle the holder thereof to purchase one additional common share of the Company for a period of one year from the date of the close at an exercise price of $0.18. Rugby Resources Ltd.
shares V.RUG are trading unchanged at $0.09.
