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Bearclaw Capital (TSXV:BRL.H) announces non-brokered private placement

Mining, The Market Online Deal Room
TSXV:BRL.H
09 December 2022 08:30 (EDT)

Bearclaw Capital Corp. (BRL.H) has announced a non-brokered private placement for gross proceeds of up to $300,000.

The company will issue up to 3,157,896 units at $0.095 per unit. Each unit will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at a price of $0.125 for a period of 12 months from closing.

Proceeds will be used for general corporate and working capital purposes.

All securities issued will be subject to a statutory four-month hold period. 

Bearclaw Capital Corp. is a Canadian mining exploration company incorporated in British Columbia. It has interests in several mineral properties, including Aplite, Bam, Castle, Rey Lake, Axe, Capoose, Santa Maria, and Man and Prime.

Bearclaw Capital Corp. (BRL.H) opened trading at C$0.125.


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