Euromax Resources Announces C$5.69 Million Non-Brokered Private Placement
Euromax Resources (EOX:CA) has announced a non-brokered private placement aimed at raising approximately C$5.69 million in gross proceeds. The offering consists of up to 113.83 million units priced at C$0.05 per unit, with each unit comprising one common share and one common share purchase warrant. The warrants included in the offering allow holders to purchase an additional common share at a price of C$0.075 for a period of two years following the closing date. The company intends to utilize the net proceeds from this capital raise to fund general working capital requirements.
Tickers: $EOXFF
Topics: capital raising private placement warrants
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