Trailbreaker Resources Seeks Approval for $3.5 Million Flow-Through Private Placement
Trailbreaker Resources Ltd. has filed for Conditional Approval with the TSX Venture Exchange for a charity flow-through private placement worth up to $3.5 million. The offering includes up to 2,500,000 CMETC flow-through units at $0.56 per unit and up to 4,200,000 additional flow-through units at $0.50 per unit. The funds will support critical mineral exploration and flow-through mining expenditures. Meanwhile, Inspiration Mining Corp. plans a non-brokered placement of 7,000,000 Flow Through shares at $0.15 each for proceeds of $1,050,000 to advance exploration projects in British Columbia and Saskatchewan.
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Trailbreaker Resources Ltd. is seeking Conditional Approval from the TSX Venture Exchange for a non-brokered charity flow-through private placement to raise up to $3.5 million. The Offering includes 2,500,000 CMETC flow-through units at $0.56 each, and 4,200,000 additional flow-through units at $0.50 each, with proceeds directed towards critical mineral exploration expenses and flow-through mining expenditures.
The funds must be used for eligible Canadian exploration expenses by December 31, 2027. Additionally, Inspiration Mining Corp. has arranged a non-brokered placement for 7,000,000 Flow Through shares priced at $0.15 each, aiming for gross proceeds of $1,050,000 to support projects in British Columbia and Saskatchewan.
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