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Bullboard - Stock Discussion Forum 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... see more

TSXV:PLY - Post Discussion

Playfair Mining Ltd > $1.5 million private placement
View:
Post by Bulyboy on Apr 29, 2021 1:51pm

$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

Comment by Bulyboy on Apr 30, 2021 12:18pm
I am expecting this P.P to be closed the second week of May. Looking for drilling to start by June 15th. Exciting times a head for the shareholders!! Cheers, BB
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