• Ridgeline Minerals Corp. (RDG) has announced a non-brokered private placement for gross proceeds of up to $2.5 million
  • The company will issue up to 10,000,000 common shares for $0.25 per share
  • The proceeds will be used to fund exploration programs and for general working capital
  • Ridgeline Minerals is a gold-silver explorer with five projects in Nevada and Idaho
  • Ridgeline Minerals Corp. (RDG) opened trading at C$0.24

Ridgeline Minerals Corp. (RDG) has announced a non-brokered private placement for gross proceeds of up to $2.5 million.

The company will issue up to 10,000,000 common shares for $0.25 per share.

The proceeds will be used to fund exploration programs and for general working capital.

Ridgeline may pay a finder’s fee in connection with the offering and this financing is subject to the approval of the TSX Venture Exchange.

The company anticipates closing the private placement as soon as practicable subject to receipt of all necessary regulatory approvals.

Ridgeline Minerals is a gold-silver explorer with an exploration portfolio of five projects in Nevada and Idaho.

Ridgeline Minerals Corp. (RDG) opened trading at C$0.24.

More From The Market Online

2 rallying copper and gold stocks with bullish outlooks

A deep-dive into two junior copper and gold stocks whose multi-bagger returns appear to be intricately tied to diligent development.

Capstone Copper resumes operations in Chile as union strike persists

Capstone Copper (TSX:CS) has resumed operations at its Mantoverde mine, despite an ongoing strike by Union #2.
The Market Online Video

A project generator designed to limit dilution, share risk, and create opportunities

Avrupa Minerals discusses its project generator model, copper-zinc exploration in Finland and Portugal, joint ventures, and plans to limit dilution while advancing multiple assets.