Naples Capital Corp.: Qualifying Transaction-Private Placement Closing Date; TSX.V Trading Halt

CCNMatthews Newswire | September 20, 2007 | Copyright

CALGARY, ALBERTA--(Marketwire - Sept. 20, 2007) -

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Naples Capital Corp. (TSX VENTURE:NAP.P) ("Naples") announces that it has been advised by Takara Resources Inc. ("Takara") that Takara has closed the first tranche of its previously announced offering (the "Offering") by the issuance of 5,392,883 subscription receipts for gross proceeds of $1,887,509. As part of Naples proposed Qualifying Transaction (the "QT") a second tranche of the Offering is anticipated to be closed concurrently with the closing of ...

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