- Baden Resources (BDN) has announced a non-brokered private placement for total gross proceeds of up to $200,000
- The company will issue up to 2,000,000 units at a price of $0.10 per unit
- Baden Resources is a mineral exploration company
- Baden Resources Inc. (BDN) opened trading at C$0.13 per share
Baden Resources (BDN) has announced a non-brokered private placement for total gross proceeds of up to $200,000.
The company will issue up to 2,000,000 units at a price of $0.10 per unit. Each unit consists of one common share and one share purchase warrant.
Each warrant is exercisable for one additional share at a price of $0.13 for a period of 15 months.
All securities issued are subject to a statutory hold period of four months and one day.
Net proceeds will be used for general corporate purposes and working capital.
Baden Resources is a mineral exploration company focused on the exploration and development of mineral properties in Canada and the USA.
Baden Resources Inc. (BDN) opened trading at C$0.13 per share.