- Buscando Resources (BRCO) announced a non-brokered private placement for gross proceeds of $200,000
- The placement consists of 2,000,000 units at $0.10 per unit
- The company will use the proceeds from the offering for exploration, corporate development, and general working capital purposes
- Buscando is a mineral exploration company which focuses on the acquisition, exploration and development of copper properties in Canada
- Buscando Resources Corp. (BRCO) opened trading at C$0.13 per share
Buscando Resources (BRCO) announced a non-brokered private placement for gross proceeds of $200,000.
The placement consists of 2,000,000 units at $0.10 per unit. Each unit comprises one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at $0.20 per warrant share for a period of 24 months from the closing of the offering.
The company will use the proceeds from the offering for exploration, corporate development, and general working capital purposes. The offering is subject to regulatory approval, and all securities issued will be subject to a statutory four-month hold period.
Buscando is a mineral exploration company which focuses on the acquisition, exploration and development of copper properties in Canada. The company has an option to acquire a 100 per cent interest in the Rupert Property, which covers approximately 2,500 hectares on northern Vancouver Island, British Columbia.
Buscando Resources Corp. (BRCO) opened trading at C$0.13 per share.