- Idaho Champion (ITKO) has closed its oversubscribed private placement for gross proceeds of $1,116,787
- Under the final tranche, the company issued 3,728,600 Québec FT shares and 1,866,667 FT shares for gross proceeds of $373,002
- The gross proceeds from the issuance of the FT shares and Québec FT shares will be used for Canadian exploration expenses
- Idaho Champion is an exploration company focused on cobalt and lithium
- Idaho Champion Gold Mines Canada Inc. opened trading at $0.06 per share
Idaho Champion (ITKO) has closed its previously announced, oversubscribed private placement for gross proceeds of $1,116,787.
Under the final tranche, the company issued 3,728,600 Québec FT shares and 1,866,667 FT shares for gross proceeds of $373,002.
The gross proceeds from the FT shares and Québec FT shares will be used for Canadian exploration expenses.
All securities issued will be subject to a statutory four-month hold period.
Idaho Champion is a discovery-focused exploration company advancing its cobalt properties located in Idaho and lithium properties in Quebec.
Idaho Champion Gold Mines Canada Inc. (ITKO) opened trading at C$0.06.