Source: Probe Metals Inc.
  • Probe Metals (PRB) has announced a non-brokered private placement for gross proceeds of up to $9,287,375
  • The company will issue up to 5,307,071 units at $1.75 per unit
  • Proceeds will be used to further explore and develop the company’s assets in Quebec
  • Probe Metals Inc. is a Canadian gold exploration company
  • Probe Metals Inc. (PRB) opened trading at C$1.81

Probe Metals (PRB) has announced a non-brokered private placement for gross proceeds of up to $9,287,375.

The company will issue up to 5,307,071 units at $1.75 per unit. Each unit consists of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder to acquire one additional common share for $2.40 for a period of 24-months.

Proceeds will be used to further explore and develop the company’s assets in Quebec.

The offering is subject to the receipt of all regulatory approvals including the approval of the TSX Venture Exchange.

All securities issued will be subject to a four-month hold period.

Probe Metals Inc. is a Canadian gold exploration company focused on exploring and developing gold properties. The company’s key asset is the multimillion-ounce Val-d’Or East Gold Project, Québec.

Probe Metals Inc. (PRB) opened trading at C$1.81.

More From The Market Online

2 rallying copper and gold stocks with bullish outlooks

A deep-dive into two junior copper and gold stocks whose multi-bagger returns appear to be intricately tied to diligent development.

Capstone Copper resumes operations in Chile as union strike persists

Capstone Copper (TSX:CS) has resumed operations at its Mantoverde mine, despite an ongoing strike by Union #2.
The Market Online Video

A project generator designed to limit dilution, share risk, and create opportunities

Avrupa Minerals discusses its project generator model, copper-zinc exploration in Finland and Portugal, joint ventures, and plans to limit dilution while advancing multiple assets.