- Stallion Discoveries (STUD) has closed its previously announced non-brokered private placement for total gross proceeds of $4,000,000
- The company has allotted and issued 16,000,000 units at $0.25 per unit
- It will use the proceeds for exploration efforts across its projects as well as for general working capital purposes
- CEO Drew Zimmerman met with Coreena Robertson to discuss the capital raise
- Stallion is a mineral exploration company focusing on the exploration for precious metals and critical minerals
- Stallion Discoveries (STUD) opened trading at $0.48 per share
Stallion (STUD) has closed its non-brokered private placement for total gross proceeds of $4,000,000.
The company has allotted and issued 16,000,000 units at $0.25 per unit. Each unit consists of one common share and one-half of one transferable share purchase warrant. Each warrant entitles the holder to acquire one additional common share at $0.50 for 12 months from the closing date.
Stallion will use the proceeds for exploration efforts across its projects as well as for general working capital purposes.
CEO Drew Zimmerman met with Coreena Robertson to discuss the capital raise.
Stallion is a mineral exploration company. It focuses on the exploration for precious metals and critical minerals at its Horse Heaven Gold Property in Idaho.
Stallion Discoveries (STUD) opened trading at $0.48 per share.