District Metals Announces $3 Million Private Placement Financing
Share: District Metals Corp. (TSXV:DMX) (FRA: DFPP); ("District" or the "Company") is pleased to announce that it has entered into an agreement with Haywood Securities Inc. as sole lead agent (the " Agent"), who has agreed to sell, on a commercially reasonable efforts private placement basis, up to 10,000,000 units (the " Units") at a price of $0.30 per Unit (the " Issue Price") to raise aggregate gross proceeds of up to $3,000,000 (the " Offering"). Each Unit will consist of one common share in the capital of the Company (a " Unit Share") and one-half of one common share purchase warrant (e...
Source: benzinga.com