Goldrea closes $100,000 first tranche of financing
2019-11-14 12:12 ET – News Release
Mr. James Elbert reports
GOLDREA CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT
Goldrea Resources Corp. has closed the first tranche of its non-brokered private placement of five-cent units. The company has sold two million units for gross proceeds of $100,000 in this first tranche, subject to acceptance by regulatory authorities. Each unit consists of one common share in the capital of the company and one common share purchase warrant which entitles the holder to buy one common share at a price of 10 cents per share for one year.
The proceeds of the private placement will be used to finance the company’s testing laboratory project, keep mineral properties current and for general working capital. All securities issued under the private placement will have a four-month hold.
We seek Safe Harbor.
Related Posts
Tags
Share This
