Company Announces Non-Brokered Private Placement to Raise Funds

it is arranging a non-brokered private placement to raise gross proceeds of up to $600,000 . The placement will consist of up to 20,000,000 units with each Unit comprising one common share in the capital of the Company and one-half share purchase warrant , whereby each whole Warrant shall be convertible into an additional Share at an exercise price of $0.05 for a period of 24 months from the date of issuance.

The net proceeds raised from the Offering will be used for the preparation of summer drilling at the Argosy Gold Mine and North Birch Project, new project evaluations and general working capital. Pinnacle is also actively looking for other district-scale opportunities in the Americas, with a particular focus on silver and gold. With a seasoned, highly successful management team and quality projects, Pinnacle Silver and Gold is committed to building long term, sustainable value for shareholders.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Energy company announces carbon capture and storage project coming to Mobile CountyLeaders from Tenaska were in Mobile on Friday to announce the Longleaf CCS Hub, which officials say will safely store carbon dioxide emissions from industrial processes.
Fonte: FOX10News - 🏆 581. / 51 Consulte Mais informação »

Semiconductor production company Tokyo Electron announces new headquarters space in AustinThe Austin City Council has approved the purchase of more than 100 acres in southeast Austin for a future mixed-use development.
Fonte: KVUE - 🏆 244. / 63 Consulte Mais informação »

Nvidia CEO Jensen Huang announces company's next-gen AI chipNvidia CEO Jensen Huang unveiled the company's new Blackwell AI chip that he said will speed up generative AI tasks and make datacenters more efficient as it rolls out this year.
Fonte: FoxBusiness - 🏆 458. / 53 Consulte Mais informação »

Insurance Company Announces Layoffs, Letting Go of Nearly 1000 EmployeesOne of San Antonio's largest employers, the insurance company, has announced its first round of layoffs, eliminating approximately 220 roles. This comes after the company reported significant losses in 2022.
Fonte: News4SA - 🏆 251. / 63 Consulte Mais informação »

Company Announces Private Placement Offering for Further ExplorationThe company has announced a private placement offering to raise funds for further exploration and general working capital purposes. The securities issued in connection with the offering are subject to a hold period under Canadian securities laws.
Fonte: mining - 🏆 449. / 53 Consulte Mais informação »