Satori Resources - CEO, Jennifer Boyle.
CEO, Jennifer Boyle.
Source: Satori Resources.
  • Satori Resources (BUD) has closed its private placement for gross proceeds of $2,144,050
  • The company issued 7,154,737 flow through common shares at a price of $0.19, and 5,231,000 common shares at a price of $0.15 per share
  • Proceeds will be used for exploration activities and working capital
  • Satori is a Toronto-based mineral exploration and development company expanding the Tartan Lake Gold Mine in Manitoba
  • Satori Resources Inc. (BUD) opened trading at C$0.15 per share

Satori Resources (BUD) has closed its private placement for gross proceeds of $2,144,050.

The company issued 7,154,737 flow-through common shares at a price of $0.19, and 5,231,000 common shares at a price of $0.15 per share.

The proceeds from the flow-through common shares will be used for exploration activities and proceeds from the issuance of common shares for working capital.

Satori paid cash finders’ fees totalling $89,901.00 to eligible finders. All of the securities issued are subject to a four-month hold period.

Satori is a Toronto-based mineral exploration and development company expanding the Tartan Lake Gold Mine in Manitoba.

Satori Resources Inc. (BUD) opened trading at C$0.15 per share.

More From The Market Online
Thane Property

Interra Copper reveals positive results from Thane Project

Interra Copper (CSE:IMCX) reveals results from a recent geological review of its Thane Copper Gold Project in British Columbia.
The Market Online Video

Advancing flagship Ishkõday Gold Project in Ontario

LAURION Mineral Exploration (TSXV:LME). A Canadian junior mining company focused on the exploration and development of...
E3 Lithium's direct lithium extraction pilot plant in 2023

E3 inches closer to Alberta’s first lithium production plant

E3 Lithium (TSXV:ETL) secures an option on a brownfield site for its Clearwater project’s central processing facility.

West Red Lake Gold reports high-grade results at Upper 8

West Red Lake Gold (TSXV:WRLG) reports high grade results from its Uper 8 Target at the Madsen Property in Ontario.