- International Prospect Ventures (IZZ) has announced a non-brokered private placement for gross proceeds of up to $500,000
- The company will issue up to 10,000,000 units for $0.05 per unit
- The proceeds will be used for general corporate purposes and the advancement of the company’s gold tenements located in Western Australia
- International Prospect is a natural resource issuer focused on acquiring and exploring mineral properties
- International Prospect Ventures Ltd. (IZZ) opened trading at C$0.045
International Prospect Ventures (IZZ) has announced a non-brokered private placement for gross proceeds of up to $500,000.
The company will issue up to 10,000,000 units for $0.05 per unit. Each unit will consist of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one common share at $0.075 for the first 12 months and $0.10 for the remaining 12 months.
The proceeds will be used for general corporate purposes and the advancement of the company’s gold tenements located in Western Australia.
All securities issued will be subject to a statutory four-month hold period.
International Prospect is a natural resource issuer focused on acquiring and exploring mineral properties. Its subsidiary Valroc, a New South Wales company, carries out business in Australia. The company holds also several properties in Canada. The company is seeking partners for the formation of joint ventures or outright sales transactions. Those properties include the Porcupine Miracle Prospect within Langmuir Township in north-eastern Ontario and several Uranium properties in Saskatchewan (West Stewart and Beartooth Island), Ontario (Elliot Lake) and Quebec (Matoush).
International Prospect Ventures Ltd. (IZZ) opened trading at C$0.045.