Oro X Mining : and Latitude Silver Announce Closing of Subscription Receipt Financing
MMTP", also commercially known as " Latitude Silver") are pleased to announce that MMTP Finco Inc. (" MMTP Finco"), a wholly-owned subsidiary of Latitude Silver, has closed its previously announced "best-efforts" private placement (the " Offering") of subscription receipts (" $0.60 per Subscription Receipt for total gross proceeds of $14,189,571 . Each Subscription Receipt will automatically convert into one common share in the capital of MMTP Finco (each, a " MMTP Finco Share") upon the satisfaction of the Escrow Release Conditions (as herein defined). Closing of the Offering is a con...
Source: marketscreener.com