Spearmint Resources Announces Corporate Update
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Spearmint Resources Inc. has completed a private placement, raising $250,000 through the issuance of 15,625,000 units, each consisting of one common share and one share purchase warrant.
November 07, 2024 | 8:15 am
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Spearmint Resources Inc. completed a private placement, raising $250,000 by issuing 15,625,000 units. Each unit includes a common share and a warrant to purchase another share at $0.05 within 60 months.
The successful completion of the private placement provides Spearmint Resources with additional capital, which could be used for growth or operational needs. The issuance of warrants also suggests potential future equity raising, which could be positive for the company's financial flexibility.
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