Goldplay Mining, Inc. (TSE:EUP) has released an update.
EuroPacific Metals Inc. has detailed the structure of its non-brokered private placement, aiming to raise up to $250,000 by offering units at $0.04 each, which include a common share and a two-year warrant. The funds are earmarked for the development of their drilling program in Miguel Vacas, Portugal, with assurances that no proceeds will go towards non-arm’s length parties. Company insiders are participating in the financing, which is compliant with regulatory exemptions and awaits TSX Venture Exchange approval.
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