Source: International Prospect Ventures
  • International Prospect Ventures (IZZ) has announced a non-brokered private placement for gross proceeds of $500,000
  • The company will issue up to 10,000,000 units at a per unit price of $0.05 
  • The proceeds will be used  for general corporate purposes and the advancement of the Company’s gold tenements located in Western Australia
  • International Prospect is a natural resource issuer involved in the process of acquiring and exploring mineral property assets
  • International Prospect Ventures opened trading at C$0.045

International Prospect Ventures (IZZ) has announced a non-brokered private placement of units for gross proceeds of $500,000.

The company will issue up to 10,000,000 units at $0.05 per unit. Each unit will consist of one common share and one-half of one non-transferable share purchase warrant. Each whole warrant entitles the holder to purchase one common share at a per share price of $0.075 for the first 12 months and $0.10 for the remaining 12 months.

The proceeds raised will be used for general corporate purposes and the advancement of the company’s gold tenements located in Western Australia.

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

International Prospect is a resource issuer focused on acquiring and exploring mineral property assets. The company uses its wholly owned subsidiary Valroc, a New South Wales company, to carry out business in Australia.

International Prospect Ventures opened trading at C$0.045.


More From The Market Online

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.

The 5-Minute Investor Podcast, Ep. 28: Flow-through mining plays

Listen to episode 28 of Stockhouse's 5-Minute Investor Podcast, featuring analysis on First Lithium Minerals and F3 Uranium.

The 5-Minute Investor Podcast, Ep. 44: Greenland-based mining stocks

Check out ep. 44 of Stockhouse's 5-Minute Investor Podcast, featuring analysis on Greenland stocks Amaroq and Energy Transition Minerals.