- 1844 Resources (EFF) intends to complete a non-brokered private placement for proceeds of up to $375,000
- The offering will consist of 7,500,000 shares priced at $0.05 per share
- The company will pay a finder’s fee consisting of an 8 per cent cash payment and non-transferable share purchase warrants
- 1844 Resources is an exploration company with a focus on strategic and energetic metals
- 1844 Resources Inc. (EFF) is down 7.14 per cent, trading at C$0.065 per share at 3:05 pm ET
1844 Resources (EFF) intends to complete a non-brokered private placement for proceeds of up to $375,000.
The offering will consist of 7,500,000 shares priced at $0.05 per share.
The company will pay a finder’s fee consisting of an 8 per cent cash payment and non-transferable share purchase warrants. Each warrant will entitle the holder to purchase one common share at a price of $0.05 per share for a period of 12 months from closing.
The securities issued are subject to a four-month hold period following the date of the closing.
1844 Resources is an exploration company with a focus on strategic and energetic metals.
1844 Resources Inc. (EFF) is down 7.14 per cent, trading at C$0.065 per share at 3:05 pm ET.