Source: Irving Resources Inc.
  • Irving Resources (IRV) has raised gross proceeds of C$3,327,220 in a private placement with Sumitomo Corporation
  • Irving Resources issued 2,705,056 common shares for $1.23 per share
  • Net proceeds will fund exploration activities at Irving’s Omu project
  • Irving is an exploration company with a focus on gold in Japan
  • Irving Resources Inc. (IRV) opened trading at C$1.08

Irving Resources (IRV) has raised gross proceeds of C$3,327,220 in a private placement with Sumitomo Corporation.

Irving Resources issued 2,705,056 common shares for $1.23 per share. All shares issued are subject to a statutory hold period expiring on December 5, 2022.

Net proceeds will fund exploration activities at Irving’s Omu project and an exploration and development alliance previously formed with Sumitomo.

Irving is an exploration company with a focus on gold in Japan. In 2016, Irving incorporated a wholly-owned subsidiary in Japan, Irving Resources Japan GK, which enables Irving to acquire and hold exploration and mining projects in Japan.

Irving Resources Inc. (IRV) opened trading at C$1.08.


More From The Market Online

Nine Mile Metals completes acquisition of 3 properties

Nine Mile Metals (CSE:NINE) completes the exercise and acquisition of its 100 per cent interest in three properties in New Brunswick.

Junior gold CEO signals conviction with new investment

Cynthia Le Sueur-Aquin, CEO of junior gold stock Laurion Mineral Exploration (TSXV:LME), will exercise 750,000 stock options for C$142,500.

Three stocks with multi-bagger potential

The best investors stick to stocks with the most easily discernible reasons in support of their multi-bagger potential.
Laurion Mineral Exploration Ishkõday gold project

Top-performing mining stock adds three new gold zones

Laurion Mineral Exploration (TSXV:LME), a top-performing junior gold stock, shares assay results from its 2024 drilling program in Ontario.