Source: The Northern Miner
  • Vendetta Mining Corp. (VTT) has announced a non-brokered private placement for gross proceeds of $800,000
  • The company will issue up to 16,000,000 common shares at a price of $0.05 per share
  • Vendetta Mining Corp. is a Canadian junior exploration company focused on lead and zinc
  • Vendetta Mining Corp. (VTT) is unchanged on the day, trading at C$0.045 per share at 1 pm ET

Vendetta Mining Corp. (VTT) has announced a non-brokered private placement for gross proceeds of $800,000.

The company will issue up to 16,000,000 common shares at a price of $0.05 per share 

All securities will be subject to a statutory four-month hold period.

Net proceeds from the financing will be used to advance the development of the Pegmont Lead-Zinc project and for general working capital. 

Vendetta Mining Corp. is a Canadian junior exploration company focused on acquiring, exploring, and developing mineral properties with an emphasis on lead and zinc. It is currently focused on advancing the Pegmont Lead Zinc project in Australia.

Vendetta Mining Corp. (VTT) is unchanged on the day, trading at C$0.045 per share at 1 pm ET.


More From The Market Online
A group of construction workers spreading cement.

Rock Tech Lithium paves way for cement-based revenue

Rock Tech Lithium expands its addressable market into the cement industry thanks to a study published by the German Lithium Institute.
Bulldozers building dams at a mine site.

Victoria Gold might never recover from Yukon mine disaster

Victoria Gold will likely be dealing with last month's 300-million-litre cyanide spill at its Eagle mine in the Yukon for years to come.
Hole Ranger 01, core boxes 51 & 52 showing mineralized interval 225.5 to 234.48m of granitoids crosscutting massive gabbrodiorite.

Sienna significantly increases size of Saskatchewan gold project

Sienna Resources (TSXV:SIE) significantly increases its acreage on the Stonesthrow Gold Project in Saskatchewan.