Gladiator Metals Corp (TSE:GLAD) has released an update.
Gladiator Metals Corp. has announced a non-brokered private placement aiming to raise C$10 million through the sale of flow-through common shares, priced at $0.61 each, to fund exploration activities at its Whitehorse Copper Project. The offering, subject to regulatory approvals, is expected to close by June 19, 2024, with the proceeds designated for diamond drilling and prospecting. Shares issued will be subject to a four-month hold period in Canada and will support tax-advantaged exploration expenditures.
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