- AJN Resources (AJN) has closed a non-brokered private placement of units for gross proceeds of $960,000
- The company issued 2,400,000 units priced at $0.40 per unit
- AJN has also announced an additional non-brokered private placement to raise gross proceeds of up to $300,000
- AJN is a junior exploration company focused on developing mines in the DRC
- AJN Resources Inc. (AJN) is unchanged on the day, trading at C$0.49 per share at 10:45 am ET
AJN Resources (AJN) has closed its previously announced non-brokered private placement of units for gross proceeds of $960,000.
The company issued 2,400,000 units priced at $0.40 per unit. Each unit includes one common share and one share purchase warrant. Each warrant may be exercised for an additional common share on or before May 26, 2023.
The securities issued are subject to a statutory hold period until September 26, 2022.
The proceeds of the financing will be used for general working capital.
AJN has also announced an additional non-brokered private placement to raise gross proceeds of up to $300,000.
AJN is a junior exploration company with over 75 years of collective industry experience developing mines in the Democratic Republic of the Congo.
AJN Resources Inc. (AJN) is unchanged on the day, trading at C$0.49 per share at 10:45 am ET.
