- Altiplano Metals (APN) has closed the first tranche of its non-brokered private placement for gross proceeds of $600,000
- The private placement consists of up to 10,000,000 units at $0.20 per unit for total gross proceeds of up to $2,000,000
- The net proceeds will be used primarily to support the company’s transition to the new processing facility at El Peńoń
- Altiplano Metals is a gold, silver, and copper company focused on the Americas
- Altiplano Metals Inc. (APN) opened trading at C$0.185
Altiplano Metals (APN) has closed the first tranche of its non-brokered private placement, raising gross proceeds of $600,000.
The private placement consists of up to 10,000,000 units at $0.20 per unit for total gross proceeds of up to $2,000,000. Each unit consists of one common share and one-half of one non-transferable share purchase warrant. Each whole warrant may be exercised to acquire one additional common share for C$0.30 for two years.
Certain arm’s length finders received cash fees of $600 and 3,000 finders warrants. All securities issued will be subject to resale restrictions until January 12, 2023.
The net proceeds will be used primarily to support the company’s transition to the new processing facility at El Peńoń.
Altiplano Metals is a gold, silver, and copper company focused on the Americas.
Altiplano Metals Inc. (APN) opened trading at C$0.185.