TORONTO, ONTARIO (September 3, 2015) – Pangolin Diamonds Corp. (TSX-V: PAN) (the “Company” or “Pangolin”) is pleased to announce the closing of a non-brokered private placement financing for aggregate gross proceeds of $628,621 (the “Offering”). The Offering consisted of 12,572,425 units of the Company (“Unit”) at a price of $0.05 per Unit.  Each Unit consists of one common share in the capital of the Company (“Common Share”) and one Common Share purchase warrant (“Warrant”).  Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.05 for a period of sixty (60) months from the date hereof.  Insiders of Pangolin participated in the total amount of $39,623. The Offering represents an increase of approximately 25% over the original financing target of $500,000, and was completed at a 25% premium to the closing price of the Common Shares on the TSX Venture Exchange on September 2, 2015. Continue reading →