Source:Mining.com
  • Omineca (OMM) announced a brokered offering of flow-through units for gross proceeds of up to $2,000,000
  • The offering is anticipated to close on or about March 22, 2023
  • Omineca Mining and Metals Ltd is a junior gold company
  • Omineca Mining and Metals Ltd. (OMM) opened trading at C$0.155

Omineca (OMM) announced a brokered offering of flow-through units at a price of $0.11 per unit for gross proceeds of up to $2,000,000.

Each FT unit will include one common flow-through share and one purchase warrant. Each warrant will entitle the holder to purchase one additional at an exercise price of $0.14 for a period of 36 months.

The company has signed an agreement with Research Capital Corporation as the sole agent and bookrunner. The company will grant the agent an option to increase the size of the offering by up to 15 per cent.

The offering is anticipated to close on or about March 22, 2023.

About Omineca Mining and Metals Ltd.

Omineca Mining and Metals Ltd is a junior gold company focused on the acquisition, exploration, and development of mineral properties in British Columbia and Yukon.

Omineca Mining and Metals Ltd. (OMM) opened trading at C$0.155.


More From The Market Online
The Seymour Lake lithium project in Ontario

Canadian government to fund Electric Royalties portfolio property

Electric Royalties (TSXV:ELEC) announces a potential C$100M financing from the government of Canada into the Seymour Lake lithium project.
Canada Nickel Company CEO, Mark Selby

Canada Nickel unveils second of seven resources planned by mid-2025

Canada Nickel Company (TSXV:CNC) details an initial mineral resource estimate at its Reid nickel sulphide project near Timmins, Ontario.
Full Circle Lithium's lithium fire extinguisher

Full Circle Lithium goes global with its battery fire-fighter

Full Circle (TSXV:FCLI) signs a global distribution agreement for its lithium battery fire-fighting agent FCL-X with US Fire Pump Company.