Source: Bear Creek Mining Corporation
  • Bear Creek Mining (BCM) has announced a non-brokered private placement for gross proceeds of up to $7.3 million
  • The company will issue up to six million common shares at the price of $1.23 per share
  • Net proceeds will be used to fund general working capital
  • Bear Creek Mining is engaged in the acquisition, exploration, and development of precious and base metal properties
  • Bear Creek Mining Corporation (BCM) opened trading at C$1.23 per share

Bear Creek Mining (BCM) has announced a non-brokered private placement for gross proceeds of up to $7.3 million.

The company will issue up to six million common shares at the price of $1.23 per share.

Net proceeds will be used to fund general working capital.

The placement is subject to the approval of the TSX Venture Exchange. The company anticipates closing the offering as soon as practicable subject to receipt of all necessary regulatory approvals.

Bear Creek Mining is engaged in the acquisition, exploration, and development of precious and base metal properties.

Bear Creek Mining Corporation (BCM) opened trading at C$1.23 per share.

More From The Market Online
Drilling at Majestic Gold's Songjiagou mine in China

Majestic Gold eyes seventh profitable year in a row

Majestic Gold (TSXV:MJS) ends its third quarter of 2024 in the green generating net income of US$5.8 million.
Mining at Soma Gold's Cordero mine in Colombia

Soma Gold poised to extend profitable track record

Soma Gold (TSXV:SOMA) posted net income of C$1.2M for the nine months ended September 30, 2024, despite numerous headwinds.