Hi-View Resources Inc (TSE:HVW) has released an update.
Hi-View Resources Inc. is set to raise $220,000 through a non-brokered private placement of 10 million units at $0.022 each, including shares and warrants, to fund exploration and working capital. The warrants are exercisable at $0.05 for two years post-offering, with an acceleration clause. Finder’s fees may be paid in cash and warrants, and the offering may close in several tranches with potential insider participation.
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