- Bullet Exploration (AMMO) has announced a non-brokered private placement of up to 6,000,000 common shares
- The shares are being offered at a price of $0.05 per share for gross proceeds of up to $300,000
- Proceeds from the placement will be used to advance the company’s exploration programs
- Bullet Exploration Inc is engaged in mineral exploration activities
- Shares of Bullet Exploration Inc. (AMMO) remained unchanged at $0.055 at 1:53 PM ET
Bullet Exploration (AMMO) has announced a non-brokered private placement for gross proceeds of up to $300,000.
The company will issue up to 6,000,000 common shares of the corporation at a price of $0.05 per share.
The net proceeds will be used to advance the company’s exploration programs and for general working capital.
The private placement is subject to approval from the TSX Venture Exchange.
The company may pay finder’s fees on a portion of the private placement in accordance with applicable securities laws and the policies of the TSX Venture Exchange.
The private placement may be closed in one or more tranches.
In line with applicable Canadian securities laws, all securities issued and issuable in connection with the offering will be subject to a four-month hold period commencing on the closing date.
Bullet Exploration Inc is engaged in mineral exploration activities.
It has acquired Anita Property, which is located in British Columbia. The property comprises seven mineral tenures totalling approximately 2,900 hectares and covers three historical mineral showings, the Al, the Cindy, and the Anita.
Shares of Bullet Exploration Inc. (AMMO) remained unchanged at $0.055 at 1:53 PM ET.