Group Eleven Announces Upsize of Private Placement to $2,500,000 from $1,500,000
Portfolio Pulse from
Group Eleven Resources Corp. has increased its private placement offering from $1,500,000 to $2,500,000, issuing up to 13,157,894 units at $0.19 per unit.
February 18, 2025 | 3:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Group Eleven Resources Corp. has increased its private placement from $1.5M to $2.5M, issuing more units at $0.19 each. This move could provide the company with additional capital for its operations.
The increase in the private placement size suggests strong investor interest and provides Group Eleven with additional capital, which could be used for expansion or other strategic initiatives. This is likely to be viewed positively by the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100