Millbank Mining Plans $500K Capital Raise

Millbank Mining Corp (TSE:MILL) has released an update.

Millbank Mining Corp. has announced a non-brokered private placement aiming to raise $500,000 through the sale of 10 million units at $0.05 each, with units comprising a common share and a purchase warrant. The offer includes a LIFE Offering for freely tradeable equity without a holding period, targeting investors in Canada, excluding Quebec. Funds raised will support general corporate and working capital needs, pending necessary approvals, including from the TSX Venture Exchange.

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