Big Red Mining Corp (TSE:RED) has released an update.
Big Red Mining Corp. has successfully closed a Non-Brokered Private Placement, raising C$136,300 through the issuance of over 6.8 million units at C$0.02 each, which includes common shares and warrants. The funds raised are earmarked for exploration and development activities in their Dobie Lake Copper Project in Ontario, Canada. As part of the placement, the company also paid finder’s fees to Research Capital Corporation and Ventum Financial Corp.
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