Source: Minnova Corp.
  • Minnova (MCI) has announced a non-brokered private placement for gross proceeds of up to $500,000
  • The company will issue up to 5,000,000 flow-through shares at a price of $0.13 per share
  • Minnova Corp. is an emerging Canadian gold producer
  • Minnova Corp. (MCI) opened trading at C$0.13 per share

Minnova (MCI) has announced a non-brokered private placement for gross proceeds of up to $500,000.

The company will issue up to 5,000,000 common shares on a flow-through basis at a price of $0.13 per FT share.

Closing of the offering is subject to receipt of all necessary regulatory approvals, including the TSXV. All securities issued in connection with the offering will be subject to a hold period of four months.

Minnova Corp. is an emerging Canadian gold producer with a focus on incorporating clean energy in into the restart plan for the PL Gold Mine.

The company has established a wholly-owned subsidiary, Minnova Renewable Energy, to rapidly develop renewable energy with an initial focus on Hydrogen production and distribution in Manitoba.

Minnova Corp. (MCI) opened trading at C$0.13 per share.

More From The Market Online
Thane Property

Interra Copper reveals positive results from Thane Project

Interra Copper (CSE:IMCX) reveals results from a recent geological review of its Thane Copper Gold Project in British Columbia.
The Market Online Video

Advancing flagship Ishkõday Gold Project in Ontario

LAURION Mineral Exploration (TSXV:LME). A Canadian junior mining company focused on the exploration and development of...
E3 Lithium's direct lithium extraction pilot plant in 2023

E3 inches closer to Alberta’s first lithium production plant

E3 Lithium (TSXV:ETL) secures an option on a brownfield site for its Clearwater project’s central processing facility.

West Red Lake Gold reports high-grade results at Upper 8

West Red Lake Gold (TSXV:WRLG) reports high grade results from its Uper 8 Target at the Madsen Property in Ontario.