GoldInxs Mining Announces Private Placement for Up to CAD $1.15 Million

GoldInxs Mining (TSXV: INXS) has announced a private placement offering aimed at raising up to approximately C$1.15 million in gross proceeds through the sale of units and CMETC flow-through units. The company plans to issue two types of securities: standard units priced at CAD $0.11 each, consisting of one common share per unit; and CMETC flow-through units priced at CAD $0.13 each, also containing a single common share. The offering is intended to provide the necessary capital for ongoing operations. This financing move reflects GoldInxs Mining's strategy to secure funding through private placements while leveraging tax-advantaged structures like the CMETC program.

By Khushi Singh, SA News Editor · Seeking Alpha ·

GoldInxs Mining Announces Private Placement for Up to CAD $1.15 Million

Tickers: $INXS

Topics: capital raise flow-through units private placement

Read the full article at Seeking Alpha

More World news