Source: Minnova Corp.
  • Minnova (MCI) has announced a non-brokered private placement for gross proceeds of up to $500,000
  • The company will issue up to 5,000,000 flow-through shares at a price of $0.13 per share
  • Minnova Corp. is an emerging Canadian gold producer
  • Minnova Corp. (MCI) opened trading at C$0.13 per share

Minnova (MCI) has announced a non-brokered private placement for gross proceeds of up to $500,000.

The company will issue up to 5,000,000 common shares on a flow-through basis at a price of $0.13 per FT share.

Closing of the offering is subject to receipt of all necessary regulatory approvals, including the TSXV. All securities issued in connection with the offering will be subject to a hold period of four months.

Minnova Corp. is an emerging Canadian gold producer with a focus on incorporating clean energy in into the restart plan for the PL Gold Mine.

The company has established a wholly-owned subsidiary, Minnova Renewable Energy, to rapidly develop renewable energy with an initial focus on Hydrogen production and distribution in Manitoba.

Minnova Corp. (MCI) opened trading at C$0.13 per share.

More From The Market Online

Silver’s new supercycle: AI demand meets shrinking supply

Silver demand is exploding—AI data centres, solar, EVs, and advanced electronics are consuming silver faster than mines can supply it.

Copper-gold explorer hits near-surface mineralization in Quebec

Troubadour Resources hit near-surface indicator mineralization at its Senneville gold, silver and copper project in Quebec.

Eloro Resources takes control of one of Bolivia’s top silver projects

Eloro Resources (TSX:ELO) acquires full economic participation and operational control of the Iska Iska silver project in Bolivia.