Source: Resource World Magazine
  • Adyton Resources Corporation (ADY) has closed a non-brokered private placement for gross proceeds of $400,000
  • The company issued 20,000,000 common shares for 0.02 per share
  • Proceeds will be used for exploration and development expenditures
  • Adyton Resources Corporation is focused on the development of gold and copper resources
  • Adyton Resources Corporation (ADY) opened trading at C$0.02

Adyton Resources (ADY) has closed its previously announced private placement for gross proceeds of $400,000.

The company issued 20,000,000 common shares for 0.02 per share.

Net proceeds will be used for exploration and development expenditures on existing mining properties and general working capital purposes‎.

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

Adyton Resources Corporation is focused on the development of gold and copper resources. It has a portfolio of highly prospective advanced mineral exploration projects in Papua New Guinea.

Adyton Resources Corporation (ADY) opened trading at C$0.02.

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