×

BRIEF-Seaborne Minerals files amended & restated prospectus

Oct 10 (Reuters) - Seaborne Minerals:

* Seaborne Minerals Inc. files amended & restated prospectus

* Seaborne Minerals - company's IPO was cut to 4.3 million shares at $0.15 per

share from 5 million shares at $0.15 per share

* Source text

Seaborne Minerals Inc. ("Seaborne" or the "Company") announces that it has filed, and obtained a receipt for, an amended and restated prospectus (the "Amended Prospectus") dated October 2, 2012. The Amended Prospectus was filed with the securities commissions in British Columbia, Alberta and Ontario.

The Amended Prospectus amends a final prospectus dated June 27, 2012 whereby, among other things, the Company's initial public offering was reduced from 5,000,000 common shares at a price of $0.15 per share to 4,333,333 common shares (the "IPO") at a price of $0.15 for gross proceeds of $650,000. The agent for the Company's IPO is Macquarie Private Wealth Inc.

((Bangalore Newsroom; +1 646 223 8780))