- Euro Sun Mining (ESM) has announced a marketed private placement offering of up to $5,010,000
- The offering will consist of 16,700,000 units priced at C$0.30 per unit
- Proceeds will be used for exploration, and general corporate and working capital purposes
- The offering is scheduled to close on or about December 21, 2021
- Euro Sun Mining operates as an exploration and development company primarily focused on gold and copper exploration in Romania
- Euro Sun Mining Inc. (ESM) opened trading at C$0.335 per share
Euro Sun Mining (ESM) has announced a marketed private placement offering of up to $5,010,000.
The offering will consist of 16,700,000 units priced at C$0.30 per unit. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share at an exercise price of C$0.38 for a period of 18 months.
Proceeds will be used for exploration and general corporate and working capital purposes.
Euro Sun will pay the lead agent a six per cent cash commission and compensation warrants.
The offering is scheduled to close on or about December 21, 2021.
Euro Sun Mining operates as an exploration and development company primarily focused on gold and copper exploration. It holds a 100 per cent interest in the Rovina Valley Project located in west-central Romania.
Euro Sun Mining Inc. (ESM) opened trading at C$0.335 per share.
