Delta Resources Announces A Premium Charity Flow Through Financing
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Delta Resources Limited has announced a non-brokered structured private placement offering with Wealth Creation Preservation & Donation Inc., aiming to raise up to $5 million through the issuance of 25 million Charity Flow-Through Units.
November 08, 2024 | 9:00 pm
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POSITIVE IMPACT
Delta Resources Limited is raising up to $5 million through a private placement offering, issuing 25 million Charity Flow-Through Units at $0.20 each. This could provide the company with additional capital for growth and development.
The announcement of a $5 million private placement is significant for Delta Resources as it provides additional capital, which can be used for growth and development. The issuance of Charity Flow-Through Units at a premium price indicates investor confidence and could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90