- StraightUp Resources (ST) has upsized its private placement for gross proceeds of up to $425,000
- The company will now issue up to 8,500,000 units at $0.05 each
- Each unit will consist of one common share and one two-year non-transferable share purchase warrant
- StraightUp engages in the business of mineral exploration and the acquisition of mineral property assets in Canada
- Straightup Resources Inc. (ST) opened trading at C$0.05 per share
StraightUp Resources (ST) has upsized its previously-announced private placement for gross proceeds of up to $425,000.
The company will now issue up to 8,500,000 units at $0.05 each. Each unit will consist of one common share and one share purchase warrant entitling the holder to acquire an additional common share for a period of two years.
The company has agreed to pay a cash finder’s fee and issue warrants.
Of the 8,500,000 units, 5,000,000 will be subject to the listed issuer financing exemption, permitting the company to issue units without a hold period.
StraightUp engages in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic, precious and base metal properties of merit.
Straightup Resources Inc. (ST) opened trading at C$0.05 per share.