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Bullboard - Stock Discussion Forum Tearlach Resources Ltd V.TEA

Alternate Symbol(s):  TELHF

Tearlach Resources Limited is a Canadian exploration company engaged in acquiring, exploring and developing lithium projects. The Company's projects include Georgina Stairs Project, Pakwan and Margot Lithium Projects (Final Frontier), Wesley and Harth Lithium Project (New Frontier), Gabriel project, Rose Fliszar Muscovite Project and Shelby Project. The Company has two key projects: lithium... see more

TSXV:TEA - Post Discussion

Tearlach Resources Ltd > C$6.0M Brokered Private Placement Financing TSXV: TEA
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Post by Betteryear2 on Mar 02, 2023 6:34pm

C$6.0M Brokered Private Placement Financing TSXV: TEA

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./

VANCOUVER, BCMarch 2, 2023 /CNW/ - Tearlach Resources Limited ("Tearlach" or the "Company") (TSXV: TEA) (OTC: TELHF) (FRANKFURT: V44) announces that it has entered into an agreement, with a syndicate of agents co-led by Sprott Capital Partners LP and Beacon Securities Limited (referred to collectively as the "Agents"), in connection with a "best efforts" private placement financing (the "Offering") of 7,500,000 units of the Company (the "Units") at a price of C$0.80 per Unit for minimum gross proceeds to the Company of C$6,000,000 and subject to a maximum as set out in Part 5A of National Instrument 45-106 – Prospectus Exemptions.

Tearlach Resources Announces C$6.0M Brokered Private Placement Financing (newswire.ca)

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