- Bessor Minerals (BST.H) has completed a non-brokered private placement for gross proceeds of $250,000
- Bessor issued 5,000,000 common shares for $0.05 per share
- Net proceeds will be used for potential exploration of Bessor’s properties, potential future acquisitions, and general working capital
- Of the 5,000,000 common shares issued under the private placement, 2,000,000 common shares were issued directly or indirectly to Arif Merali, a director of Bessor
- Bessor Minerals Inc is engaged in the identification, evaluation and acquisition of mineral properties, as well as exploration of mineral properties once acquired
- Bessor Minerals Inc. opened trading at $0.075 per share
Bessor Minerals (BST.H) completed its previously-announced, non-brokered private placement for gross proceeds of $250,000.
Bessor issued 5,000,000 common shares for $0.05 per share.
All securities issued are subject to a statutory four-month hold period.
Net proceeds from the private placement will be used for potential exploration of Bessor’s properties, potential future acquisitions, and general working capital.
Of the 5,000,000 common shares issued under the private placement, 2,000,000 shares were issued to Arif Merali, a director of Bessor.
Merali directly acquired 1,000,000 common shares and indirectly acquired 1,000,000 common shares as the beneficial holder of shares purchased by 1642192 Alberta Ltd.
Bessor Minerals Inc is focused on the acquisition and exploration of mineral properties.
Bessor Minerals Inc. opened trading at $0.075 per share.
