Tesoro Minerals Increases Private Placement to C$1M
Tesoro Minerals (TES:CA) has increased the size of its non-brokered private placement offering from up to C$750,000 to a maximum of C$1 million. The company will issue up to 10 million common shares at a price of C$0.10 per share, with all other terms remaining unchanged. The funds raised are intended for the advancement of Tesoro's Rumichaca and Cerro Macho properties in Peru, covering exploration activities, community engagement efforts, and general working capital needs. The announcement comes as the company continues to seek financing options to support its operations and development plans.
