Source: Indigo Exploration.
  • Indigo Exploration (IXI) has closed a non-brokered private placement, raising gross proceeds of $600,000
  • The company issued 10,000,000 units at a price of $0.06 per unit
  • Proceeds will be used for work programs on its exploration properties and for general working capital
  • Indigo is a junior natural resource company
  • Indigo Exploration Inc. (IXI) opened trading at C$0.10

Indigo Exploration (IXI) has closed its previously announced non-brokered private placement, raising gross proceeds of $600,000.

Under the offering, the company issued 10,000,000 units at a price of $0.06 per unit.

Proceeds from the offering will be used for work programs on its exploration properties and for general working capital.

All securities issued are subject to a statutory hold period expiring on June 28, 2023.

About Indigo Exploration Inc.

Indigo is a junior natural resource company holding 100 per cent interest in 18 metallic and industrial minerals permits totalling 147,904 hectares in central Alberta.

Indigo Exploration Inc. (IXI) opened trading at C$0.10.


More From The Market Online

Reddit stock rallies after impressive inaugural Q1 report

Reddit (NYSE:RDDT) stock opens more than 5 per cent higher after its first earnings report as a public company.

Nextech3D.ai receives purchase order from blue-chip customer

Nextech3D.ai (CSE:NTAR) receives an order for more than 1,000 artificial intelligence models and more than 4,000 3D AI digital photos in May.

Shopify’s Q1 results show a strong start to 2024

Shopify (NYSE,TSX:SHOP) posts Q1 2024 results featuring significant increases in revenue, gross profit and free cash flow.