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Ridgeline Minerals (TSXV:RDG) announces $2.5M non-brokered private placement

Mining, The Market Online Deal Room
TSXV:RDG
07 September 2022 08:30 (EST)

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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.


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