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Bear Creek Mining (TSXV:BCM) announces $7.3M non-brokered private placement

Mining, The Market Online Deal Room
TSXV:BCM
05 May 2022 10:00 (EDT)

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.

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.

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