An announcement from Blast Resources Inc. ( (TSE:BLST) ) is now available.
Blast Resources Inc. has announced a non-brokered private placement LIFE offering, aiming to raise gross proceeds between $600,000 and $675,000 through the issuance of up to 4.5 million units. Each unit includes a common share and a warrant, with proceeds intended for exploration expenditures on the Wales Lake Project, as well as for general corporate purposes. The offering is expected to close by February 7, 2025, and will be conducted under prospectus exemptions in certain Canadian provinces, with no resale restrictions for Canadian residents.
More about Blast Resources Inc.
Blast Resources Inc. operates in the resource extraction industry, focusing on exploration and development projects. The company is currently involved with the Wales Lake Project and engages in activities related to marketing and investor relations.
YTD Price Performance: 46.67%
Average Trading Volume: 19,453
Technical Sentiment Consensus Rating: Strong Sell
For a thorough assessment of BLST stock, go to TipRanks’ Stock Analysis page.