Baroyeca Gold & Silver (TSE:BGS) has released an update.
Baroyeca Gold & Silver Inc. has launched a non-brokered private placement aiming to raise $400,000 through the issuance of 1.6 million units at $0.025 each, with attached warrants to buy additional shares at $0.05 for five years. The funds raised are intended for working capital and general corporate purposes, subject to TSX Venture Exchange approval and a statutory hold period. The offering may also include finder’s fees payable in cash or warrants.
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