PriceSensitive

Riverside Resources (TSXV:RRI) announces $600,000 private placement

Mining
TSXV:RRI
04 February 2022 10:45 (EDT)

Source: Riverside Resources Inc.

Riverside Resources (RRI) has announced a non-brokered, charity flow-through private placement for proceeds of up to $600,000.

The company will issue up to 2,857,142 common shares at a price of $0.21 per share. 

Proceeds will be used to fund a drill program at the Oakes Gold Project in Ontario.

Riverside is an exploration company driven by value generation and discovery. The company has a strong portfolio of gold-silver and copper assets and royalties in North America.

Riverside Resources Inc. (RRI) is up 3.03 per cent, trading at C$0.17 per share at 10:40 am EST.

Related News