PriceSensitive

T2 Metals (TSXV:TWO) closes flow-through portion of private placement

Mining, The Market Online Deal Room
TSXV:TWO
29 December 2022 08:45 (EDT)

Source: T2 Metals Corp.

T2 Metals (TWO) has closed the flow-through portion of its previously announced private placement for gross proceeds of $655,444.

The company issued a total of 1,820,678 units at $0.36 per unit. Each FT Unit consists of one flow-through common share and one non-flow-through common share purchase warrant, exercisable to purchase one additional non-flow-through common share for a period of three years.

Finders’ fees of $33,002 in cash and non-transferable broker warrants were paid on a portion of this closing.

All securities issued are subject to a statutory four-month hold period.

Warrants are subject to an acceleration clause.

T2 Metals Corp. is an emerging copper and precious metal company.

T2 Metals Corp. (TWO) opened trading at $0.35.


Related News