Prospect Ridge Concludes Major Private Placements

Prospect Ridge Resources Corp. (TSE:PRR) has released an update.

Prospect Ridge Resources Corp. successfully completed the second and first tranches of its non-brokered private and flow-through unit placements, raising a total of approximately $1.24 million. The company paid out over $49,000 in cash and issued finder warrants as part of the transactions, which also saw insider participation. The securities issued are under a hold period until November 6, 2024.

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