- International Prospect Ventures (IZZ) has announced a non-brokered private placement for gross proceeds of $500,000
- The company will issue up to 10,000,000 units at a per unit price of $0.05
- 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 involved in the process of acquiring and exploring mineral property assets
- International Prospect Ventures opened trading at C$0.045
International Prospect Ventures (IZZ) has announced a non-brokered private placement of units for gross proceeds of $500,000.
The company will issue up to 10,000,000 units at $0.05 per unit. Each unit will consist of one common share and one-half of one non-transferable share purchase warrant. Each whole warrant entitles the holder to purchase one common share at a per share price of $0.075 for the first 12 months and $0.10 for the remaining 12 months.
The proceeds raised 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 resource issuer focused on acquiring and exploring mineral property assets. The company uses its wholly owned subsidiary Valroc, a New South Wales company, to carry out business in Australia.
International Prospect Ventures opened trading at C$0.045.