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StraightUp Resources (CSE:ST) announces private placement

Mining, The Market Online Deal Room
CSE:ST
29 November 2022 15:45 (EDT)

StraightUp Resources (ST) announced a private placement for gross proceeds of up to $350,000.

The company will issue up to 7,000,000 units at $0.05 each. Each unit will consist of one common share and one two-year non-transferable share purchase warrant. Each warrant will entitle the holder to acquire an additional common share of the company at $0.05.

Of the 7,000,000 units, 5,000,000 will be subject to the listed issuer financing exemption. It permits the company to issue these 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$0.065 per share.


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