- Rugby Resources (RUG) has announced a non-brokered private placement offering of units for gross proceeds of up to $2,000,000
- The company will issue up to 20,000,000 units at $0.10 per unit
- The proposed offering is expected to close on or about October 21, 2022
- Rugby is an exploration company exploring a portfolio of copper, gold and silver targets in Colombia, Argentina and Chile
- Rugby Resources Ltd. (RUG) opened trading at C$0.09
Rugby Resources (RUG) has announced a non-brokered private placement offering of units for gross proceeds of up to $2,000,000.
The company will issue up to 20,000,000 units at $0.10 per unit. Each unit will consist of one common share and one half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share for a period of one year.
The proposed offering is expected to close on or about October 21, 2022.
Proceeds will be used for exploration and general expenses.
Rugby is an exploration company conducting “discovery stage” exploration on a portfolio of copper, gold and silver targets in Colombia, Argentina and Chile.
Rugby Resources Ltd. (RUG) opened trading at C$0.09.
