- iMining Technologies (IMIN) has announced a non-brokered private placement of up to $1,000,000
- The company will issue up to 11,764,705 units at $0.085 per unit
- Proceeds from the offering will be used to finance mining infrastructure expenses and for marketing and other related activities
- iMining is a Web3.0 technology company
- iMining Technologies Inc. (IMIN) opened trading at C$0.10 per share
iMining Technologies (IMIN) has announced a non-brokered private placement of up to $1,000,000.
The company will issue up to 11,764,705 units at $0.085 per unit. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share for $0.21 per share for a period of 2 years.
Warrants are subject to an acceleration clause.
Proceeds from the offering will be used to finance mining infrastructure expenses and for marketing and other related activities.
All securities issued are subject to a statutory four-month hold period.
The closing of the offering is subject to the approval of the TSX Venture Exchange
iMining is a Web3.0 technology company developing technology for crypto mining, decentralized Finance and non-fungible tokens.
iMining Technologies Inc. (IMIN) opened trading at C$0.10.