- Phenom Resources (PHNM) has closed the first tranche of its private placement for gross proceeds of $1,227,100.20
- The company issued 4,090,334 units
- The gross proceeds will be used for work programs on the company’s exploration properties and general working capital
- Phenom Resources Corp. (PHNM) is up 1.49 per cent, trading at C$0.34 per share at 3 pm ET
Phenom Resources (PHNM) has closed the first tranche of its non-brokered private placement for gross proceeds of $1,227,100.20.
The company issued 4,090,334 units.
The gross proceeds will be used for work programs on the company’s exploration properties and general working capital.
All securities issued will be subject to a statutory four-month hold period.
Phenom Resources is engaged in exploring gold, copper, and vanadium on its properties.
Phenom Resources Corp. (PHNM) is up 1.49 per cent, trading at C$0.34 per share at 3 pm ET.
