Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
D-Fense Capital Announces Closing of Qualifying Transaction and Concurrent Private Placement for Gross Proceeds of $724,710

MONTREAL, QUEBEC -- (Marketwire) -- 12/28/12 -- D-Fense Capital Ltd. ("DFC") (TSX VENTURE:DFC.H), a Capital Pool Company ("CPC") trading on the NEX under the symbol DFC.H, is pleased to announce the closing of its previously announced qualifying transaction (the "QT") with North American Exploration Ltd. ("NAE") and private placement for gross proceeds of $ 724,710 (the "Offering") (for more information on the QT and terms and conditions of the Offering, please consult DFC's amended filing statement dated December 17, 2012 available on SEDAR at www.sedar.com).

Qualifying Transaction

The QT consists of an option (the "Option") to acquire NAE's 100% interest in 4 mining claims totalling approximately 272 hectares, located in the Ogden Township, District of Timmins, Porcupine Mining Division, Province of Ontario (the "Property").

Under the terms of the Option, DFC will acquire all of NAE's right, title and interest in the Property for the following consideration:


a.  Cash payment of $10,000 to NAE (amount already paid by DFC); 
b.  The issuance of 210,000 common shares of DFC to NAE (at a deemed price
    of $0.30 per share); and 
c.  incur the following exploration expenditures on the Property: 
    i.  a minimum of $150,000 of exploration expenditures on or before the
        date that is twelve (12) months following the closing date; and 
    ii. a minimum of $150,000 of exploration expenditures on or before the
        date that is twenty-four (24) months following the closing date. 

The agreement between DFC and NAE further provides that upon exercise of the Option, NAE shall retain a net smelter return royalty on the Property of 2.5% (the "Royalty"). DFC will have the right to acquire 0.5% of the Royalty at any time for a lump sum of $1,000,000.

Private Placement

DFC proceeded today with the closing of the Offering for gross proceeds of $724,410, and has issued a total of 270 flow-through units (the "FT Units") at a price of $1,000 per FT Unit ($270,000) and 459 non-flow-through units (the "Units") at a price of $990 per Unit ($454,410). Each Unit is comprised of 6,600 common shares (the "Shares") at a price of $0.15 per Share and 3,300 warrants (the "Warrants"), each Warrant entitling the holder thereof to acquire one (1) additional common share at a price of $0.25 per share for a period of twenty-four (24) months ending on December 28, 2014. Each FT Unit is comprised of 5,000 flow-through common shares (the "FT Shares") at a price of $0.20 per FT Share. In connection with the Offering, DFC paid finders' fees for a total aggregate amount of $52,036.80.

All securities issued in connection with the closing of the QT and the Private Placement are subject to a regulatory four (4) month hold period ending on April 29, 2013. The QT and Private Placement are subject to the final approval of the TSX Venture Exchange.

ABOUT DFC

DFC is a CPC within the meaning of the policies of the Exchange. Trading of the common shares of DFC on the NEX is currently halted. It is anticipated that the shares of DFC will begin trading on the Exchange shortly after the issuance of the Exchange final approval bulletin. Once the QT and the Offering are duly completed, DFC will commence operations as a Tier 2 mining issuer focused on the exploration of the Property.

Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of DFC. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. DFC does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
D-Fense Capital Ltd.
Mr. Robert Ayotte
Director
450-441-9177 or 514-949-4787

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Cloud Developer Stories
VisionMobile recently published one of the best reports on apps for vehicles that I have read. It is frustrating with how difficult it is to actually get an app approved for use in a car. Here are some of the unique challenges: Safety first considerations (like driver distractio...
The social media expansion has shown just how people are eager to share their experiences with the rest of the world. Cloud technology is the perfect platform to satisfy this need given its great flexibility and readiness. At Cynny, we aim to revolutionize how people share and or...
More and more enterprises today are doing business by opening up their data and applications through APIs. Though forward-thinking and strategic, exposing APIs also increases the surface area for potential attack by hackers. To benefit from APIs while staying secure, enterprises ...
Web conferencing in a public cloud has the same risks as any other cloud service. If you have ever had concerns over the types of data being shared in your employees’ web conferences, such as IP, financials or customer data, then it’s time to look at web conferencing in a private...
The market is full of buzz about cloud computing, and with it come sweeping claims about simplicity and savings. Deciding to migrate some or all database management to a cloud hosting provider, however, is a more complex undertaking than conventional wisdom may suggest. This wh...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE

Breaking Cloud Computing News
Persistent Systems (BOMBAY: PERSISTENT) (NSE: PERSISTENT) the global leader in software product and...