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Cross River Ventures (CSE:CRVC) closes second tranche of private placement

Mining, The Market Online Deal Room
CSE:CRVC
09 December 2022 08:45 (EDT)

Source: Cross River Ventures Corp.

Cross River Ventures (CRVC) closed the second tranche of its previously-announced private placement for gross proceeds of $311,000.

Under the second tranche, the company issued 10,366,667 shares at a price of $0.03 per share.

The company paid finders’ fees of $12,480 to certain arms-length parties who assisted in introducing subscribers to the second tranche.

All securities issued are subject to a statutory hold period until April 9, 2023.

Cross River is a gold exploration company focused on the development of top-tier exploration properties in emerging Greenstone Districts of NW Ontario. The company controls over 20,000 hectares in a multi-project portfolio.

Cross River Ventures Corp. (CRVC) opened trading at C$0.03.


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