Source: Canterra Minerals Corporation
  • Canterra Minerals (CTM) has announced a non-brokered private placement for gross proceeds of approximately $1 million
  • The company will issue up to 3,333,333 flow-through common shares at a price of $0.30 per share
  • The proceeds from the offering will be used for exploration expenses on the company’s mineral properties in Newfoundland
  • Canterra Minerals is engaged in the acquisition, exploration and evaluation of mineral properties in Newfoundland
  • Canterra Minerals Corporation (CTM) opened trading at C$0.27 per share

Canterra Minerals (CTM) has announced a non-brokered private placement for gross proceeds of approximately $1 million.

The company will issue up to 3,333,333 flow-through common shares at a price of $0.30 per share.

The proceeds from the offering will be used for exploration expenses on the company’s mineral properties in Newfoundland.

The offering is scheduled to close on or about December 31, 2021. A cash commission may be paid to eligible finders. All securities issued will be subject to a hold period of four months and one day from the date of closing.

Canterra Minerals is engaged in the acquisition, exploration and evaluation of mineral properties in Newfoundland.

Canterra Minerals Corporation (CTM) opened trading at C$0.27 per share.

More From The Market Online

Barksdale hits broad, high‑grade copper in early 2026 Sunnyside drilling

Barksdale (TSXV:BRO) is accelerating drilling and expanding targets, with plans to test deeper porphyry levels and structural extensions.

2 junior mining stocks for risk-averse investors

A deep dive into NovaRed Mining and The Metals Royalty Company, two junior mining stocks on de-risked paths to critical mineral wealth.

Gold junior funds exploration next to 11-million-ounce behemoth

Visible Gold Mines raises C$2.6M to advance its Horsefly project near IAMGOLD's 11-million-ounce Nelligan Mining Complex in Quebec.

Top institutions take stakes in Quebec junior gold miner

Junior miner TomaGold closed the first phase of a capital raise with NQIM and SIDEX, two top institutional investors in Quebec.