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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 Jul 06, 2022 4:42pm
175 Views
Post# 34806417

Latest news release!

Latest news release!

 

Playfair closes $802,500 private placement

 

2022-07-05 19:45 ET - News Release

 

Mr. Donald Moore reports

PLAYFAIR MINING CLOSES PRIVATE PLACEMENT

Playfair Mining Ltd. has closed the non-brokered private placement announced on May 18, 2022. The company has issued 10.7 million common shares at 7.5 cents per share for gross proceeds of $802,500. All securities issued are subject to a hold period expiring four months and one day from the date of issuance. The proceeds will be used for exploration on the RKV project in south-central Norway and for general working capital purposes.

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