Stuhini announces $500,000 non-brokered private placement

2025-08-05 09:09:35 ET

• Stuhini Exploration ( TSXV: STU:CA ) on Tuesday announce a non-brokered private placement of up to 4.16M units of the company for gross proceeds of up to $500,000.
• Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at a price of $0.18 per common share for a period of two years following the date of issuance.
• The Company intends to use the net proceeds from the private placement to support exploration and advancement of its flagship Ruby Creek Project, including ongoing technical evaluation and groundwork to guide future drill targeting and development; and for corporate initiatives and general working capital.
• Source: Press Release

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