AK2
- Metal Prospector (TSXV:PPP:CA) said Tuesday that the Canadian mineral exploration company will raise up to C$750,000 through the non-brokered private placement of flow-through units.
- Charity FT shares are priced at C$0.21 per unit.
- Each of the FT’s charitable units will include one flow-through share and one-half of a non-flow-through share purchase warrant.
- Each warrant will be exercisable at C$0.30 per share for a period of one year from the date of issuance.
- The gross proceeds will be designated to be used for preliminary assessment and prospecting work on ML property in the Yukon Territory.
- The offering is expected to end around May 6.
- Source: press release