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

Solitario Resources Discovers three new high-grade gold zones

Solitario Resources (TSX:SLR) discovers three new zones of high-grade surface gold at its Golden Crest Project in South Dakota.

Silver One discovers new silver veins and copper on Arizona project

Silver One Resources (TSXV:SVE) makes new silver and copper discoveries on its Phoenix project in Arizona.

Tarku Resources acquires the Dana Project in Quebec

Tarku Resources (TSXV:TKU) acquires the Dana Project in Quebec, which hosts nickel, copper, cobalt and platinum group elements.

Silvercorp to expand into Ecuador with C$200M Adventus acquisition

Canadian silver miner Silvercorp Metals Inc. (TSX:SVM) recently announced a friendly deal to acquire Adventus Mining Corp. (TSXV:ADZN).