Source: The Northern Miner
  • Vendetta Mining Corp. (VTT) has announced a non-brokered private placement for gross proceeds of $800,000
  • The company will issue up to 16,000,000 common shares at a price of $0.05 per share
  • Vendetta Mining Corp. is a Canadian junior exploration company focused on lead and zinc
  • Vendetta Mining Corp. (VTT) is unchanged on the day, trading at C$0.045 per share at 1 pm ET

Vendetta Mining Corp. (VTT) has announced a non-brokered private placement for gross proceeds of $800,000.

The company will issue up to 16,000,000 common shares at a price of $0.05 per share 

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

Net proceeds from the financing will be used to advance the development of the Pegmont Lead-Zinc project and for general working capital. 

Vendetta Mining Corp. is a Canadian junior exploration company focused on acquiring, exploring, and developing mineral properties with an emphasis on lead and zinc. It is currently focused on advancing the Pegmont Lead Zinc project in Australia.

Vendetta Mining Corp. (VTT) is unchanged on the day, trading at C$0.045 per share at 1 pm ET.


More From The Market Online

This mining royalty growth story is worth digging into

Kick off your due diligence on Orogen Royalties, a mining royalty acquirer and developer boasting a multi-year history of profitable growth.

StockTalk | Gold Report: Miners with a long-term mindset

Stockhouse's Weekly Gold Report brings you top stories about mining stocks vying for a spot on your watchlist.

A long-life copper opportunity emerging amid a tightening global market

Idaho Copper Corp. (NYSE American: COPR) and its flagship CuMo Copper-Molybdenum-Silver Project located in Boise County, Idaho.