- Enerev5 (ENEV) has announced a brokered private placement of up to $500,000
- It completed the first tranche for gross proceeds of $105,000
- The company will use the proceeds for working capital and other general corporate purposes
- Enerev5 explores and develops battery metals properties around the world
- Enerev5 (ENEV) opened trading at $0.02 per share
Enerev5 (ENEV) has announced a brokered private placement of up to $500,000.
Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share for $0.05 for two years from the date of issue
Enerev5 completed the first tranche through the issue and sale of 2,100,000 units at a price of $0.05 per Unit for gross proceeds of $105,000.
The company paid the agent a cash fee of $9,450 and issued 210,000 non-transferable broker warrants in connection with the completion of the first tranche.
IBK Capital Corp. acquired all units sold in the first tranche.
The company will use the proceeds for working capital and other general corporate purposes.
Enerev5 explores and develops battery metal properties around the world.
Enerev5 Metals Inc. (ENEV) opened trading at C$0.02.