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Playfair Mining Ltd V.PLY

Alternate Symbol(s):  PLYFF

Playfair Mining Ltd. is a mineral exploration company based in Canada. The Company’s main business is the acquisition, exploration and development of natural resource properties. The Company has interests in various properties in Grey River Newfoundland, Rostvangen-Kvikne-Vakkerlien Project (RKV Project), Folldal Project and Osterdalen Project. The Grey River property is located adjacent to the fishing village of Grey River (population of approximately 350 people) on the south coast of Newfoundland. The property consists of nine mineral claims (1,750 hectares). The RKV properties cover 201 square kilometers (km2) in a mining area about 100 kilometers (km) south of Trondheim by road. The RKV Project covers three Besshi-type Volcanogenic Massive Sulphide (VMS) copper mines (Rostvangen and Kvikne), a nickel-copper deposit (Vakkerlien) and over 20 additional known mineral occurrences. The Company acquired exploration rights on the approximately 216 km2 North Osterdalen Project.


TSXV:PLY - Post by User

Post by Bulyboyon Apr 29, 2021 1:51pm
118 Views
Post# 33094482

$1.5 million private placement

$1.5 million private placement

 

Playfair Mining arranges $1.5-million financing

 

2021-04-29 13:19 ET - News Release

 

Mr. Donald Moore reports

PLAYFAIR MINING ANNOUNCES PRIVATE PLACEMENT

Playfair Mining Ltd. is proceeding with a non-brokered private placement of 10 million common shares at 15 cents per share for gross proceeds of $1.5-million. The proceeds will be used for exploration on the RKV project in south-central Norway and for general working capital purposes. Finders' fees may be paid in connection with the private placement.

Completion of the private placement is subject to acceptance by the TSX Venture Exchange. All securities issued pursuant to the private placement will be subject to resale restrictions under applicable securities legislation and the rules of the TSX Venture Exchange.

We seek Safe Harbor.

Cheers,
BB

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