- Advance United Holdings (AUHI) has announced a non-brokered private placement for gross proceeds of up to $500,000
- The company will issue up to 2,500,000 units at $0.08 per unit, and up to 3,000,000 flow-through common shares at $0.10 per FT share
- Advanced United Holdings is an exploration stage mineral resources company
- Advance United Holdings Inc. (AUHI) opened trading at $0.07
Advance United Holdings (AUHI) has announced a non-brokered private placement of units and FT shares for gross proceeds of up to $500,000.
The company will issue up to 2,500,000 units at $0.08 per unit and up to 3,000,000 common shares at $0.10 per FT share.
Each unit will consist of one common share and one-half of one whole common share purchase warrant. Each warrant will entitle the holder to acquire one common share at a price of $0.15 for two years from the date of issuance.
Advance United Holdings has closed the first tranche of the offering issuing 1,500,000 FT shares for gross proceeds of $150,000.
Advanced United Holdings is an exploration stage mineral resources company whose principal business activities include acquiring, exploring and evaluating strategic mineral properties.
Advance United Holdings Inc. (AUHI) opened trading at $0.07.