- TRU Precious Metals Corp. (TRU) has announced a non-brokered private placement for gross proceeds of up to $2,500,000
- The company will issue up to $2M in flow-through units and $500,000 in hard dollar units
- The offering is expected to close on or about May 17, 2022
- TRU Precious Metals is engaged in the acquisition and exploration of gold properties
- TRU Precious Metals Corp. (TRU) opened trading at C$0.135 per share
TRU Precious Metals Corp. (TRU) has announced a non-brokered private placement for gross proceeds of up to $2,500,000.
The company will issue up to $2M in flow-through units and $500,000 in hard dollar units.
The gross proceeds from the FT units will be used to incur “Canadian exploration expenses”, primarily for drilling at the company’s Golden Rose Project in central Newfoundland. The proceeds from the hard dollar units will be used for general corporate purposes.
The offering is expected to close on or about May 17, 2022.
The company will pay eligible finders a cash commission and non-transferable finder warrants.
All securities issued will be subject to a four-month hold period. Completion of the offering remains subject to TSXV approval.
TRU Precious Metals is engaged in the acquisition and exploration of gold properties. Its projects include Golden Rose and Twilite Gold projects in Newfoundland.
TRU Precious Metals Corp. (TRU) opened trading at C$0.135 per share.
