Company Raises Funds Through Private Placement

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Business ข่าว

CAPITAL RAISING,PRIVATE PLACEMENT,FLOW-THROUGH SHARES

A company announced the successful closing of two private placements. The first, a Flow-Through Private Placement, raised $150,040 at $0.22 per share. These proceeds will be used for Canadian exploration expenses. The second, a Non-Flow Through Private Placement, raised funds at $0.15 per Unit, each consisting of one common share and a warrant.

Monday, December 30, 2024 4:00 PM PST") at a price of $0.22 per Flow-Through Share for aggregate gross proceeds of $150,040. The Flow-Through Shares are intended to qualify as"flow through shares" within the meaning of the"). The gross proceeds from the issuance of the Flow-Through Shares will be used to incur"Canadian exploration expenses" as such term is defined in the Tax Act, which the Company intends to renounce to the subscribers pursuant to the Tax Act.

The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or any U.S. state securities laws, and may not be offered or sold in the United States absent registration or available exemptions from such registration requirements.

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