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Minnova Corp. (TSXV:MCI) announces non-brokered private placement

Mining, The Market Online Deal Room
TSXV:MCI
20 December 2021 08:45 (EDT)

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 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.

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