TINONE RESOURCES INC (TSE:TORC) has released an update.
TinOne Resources Inc. has announced amendments to its non-brokered private placement financing, aiming to raise up to C$750,000 through the sale of convertible debt units. These units include a 10% unsecured convertible debenture and nearly 7,000 common share purchase warrants, with the funds being allocated for exploration drilling and general corporate purposes. Regulatory and stock exchange approvals are pending for the financing closure, which will also be subject to a statutory hold period.
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