- BWR Exploration (BWR) has closed the first tranche of a non-brokered offering for gross proceeds of $56,040
- Under the first tranche, the company issued 1,868,000 units at a price of $0.03 per unit
- The proceeds will be used to advance exploration programs on the company’s projects, with a focus on the Little Stull Lake Gold project in Manitoba
- BWR Exploration is an exploration and development company with a portfolio of 4 early stage exploration projects
- BWR Exploration Inc. (BWR) opened trading at C$0.03
BWR Exploration (BWR) has closed the first tranche of its previously announced non-brokered offering for gross proceeds of $56,040.
Under the first tranche, the company issued 1,868,000 units at a price of $0.03 per unit. Each unit will consist of one common share and one-half of one share purchase warrant. One whole warrant will entitle the holder to purchase one common share at a price of $0.06 within 24 months.
The proceeds will be used to advance exploration programs on the company’s projects, with a focus on the Little Stull Lake Gold project in Manitoba.
All securities issued are subject to a statutory four-month hold period.
BWR Exploration is an exploration and development company with a portfolio of 4 early-stage exploration projects. Its flagship project is the Little Stull Lake Gold Project in NE Manitoba.
BWR Exploration Inc. (BWR) opened trading at C$0.03.
