Auranova Resources Announces Up to CAD$4M Private Placement
Auranova Resources (TSXV:AURA:CA) has announced a non-brokered private placement aimed at raising up to $4 million in gross proceeds. The offering includes the sale of flow-through shares and units, with each unit consisting of one common share and half a warrant. The company plans to issue up to 3.33 million flow-through shares at CAD$0.30 per share and up to 12 million units at CAD$0.25 per unit. Each full warrant will allow the holder to purchase an additional share at $0.50 for one year. The private placement is intended to support Auranova's ongoing exploration activities, particularly in its gold projects.
