- ValOr Metals (VO) has announced a non-brokered private placement for gross proceeds of up to $2,500,000
- The company will issue up to 6,250,000 units for $0.40 per unit
- Net proceeds raised will be used to fund additional exploration work on ValOre’s Angilak Property uranium project, and the Pedra Branca palladium platinum project
- ValOre Metals is a Canadian company with a portfolio of high‐quality exploration projects
- ValOre Metals Corp. (VO) is down 2.56 per cent on the day, closing at C$0.38 per share
ValOr Metals (VO) has announced a non-brokered private placement for gross proceeds of up to $2,500,000.
The company will issue up to 6,250,000 units for $0.40 per unit. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will be exercisable for one additional share for a period of 24 months.
Net proceeds raised will be used to fund additional exploration work on ValOre’s Angilak Property uranium project in Nunavut, and the Pedra Branca palladium platinum project in Brazil.
The company may pay finder’s fees on a portion of the offering.
The closing of the offering is subject to all necessary regulatory approvals, including the approval of the TSX Venture Exchange.
All securities issued will be subject to a statutory four-month hold period.
ValOre Metals is a Canadian company with a portfolio of high‐quality exploration projects.
ValOre Metals Corp. (VO) is down 2.56 per cent on the day, closing at C$0.38 per share.