2023-06-06 08:45:46 ET
- Melkior Resources ( OTCPK:MKRIF ) has announced a non-brokered flow-through and non-flow-through private placement for gross proceeds of up to C$750,000, whereby flow-through common shares are issued at C$0.24/share, and non-flow-through common shares issued at C$0.20/share.
- $298,000 of the financing has been committed by two directors of the Company.
- The proceeds will be used to conduct further exploration on the Company’s mineral properties.
- The Company does not intend to issue finders’ fees on this financing.
- All securities issued under the private placement will have a hold period of four months and a day from closing.
- Source: Press Release
For further details see:
Melkior announces private placement of C$0.75M