2024-02-15 11:28:23 ET
- Abound Energy ( OTCPK:ZAIRF ) said Thursday it intends to undertake a non-brokered private placement to raise up to $1.5 million.
- The company said it would offer up to 4,285,714 units at a price of $0.35 per unit.
- Each unit will consist of one common share of the company and one-half of a common share purchase warrant.
- The net proceeds of the offering will be used for working capital expenditures, among other things.
- Press Release .
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Abound Energy launches $1.5M private placement