Ameriwest Announces Private Placement of Up to 1.92M Shares for Gross Proceeds of $500K
Ameriwest Critical Metals has announced a non-brokered private placement offering up to 1.92 million shares at $0.26 per share, aiming to raise gross proceeds of approximately $500,000. The company plans to use the funds for general corporate purposes and exploration activities. The issued shares will be subject to a standard four-month-plus-one-day hold period under securities regulations before they can be traded publicly. This financing move is intended to support ongoing operations but does not signal immediate expansion or major project funding.
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