How often can retail buy in for < private placement? Osisko has agreed to purchase 29,400,000 common shares at a price of $0.17 per share and 41,000,000 million flow-through common shares at a price of $0.25 per share (the "Shares").
"We are pleased to welcome Osisko Gold Royalties as a significant shareholder," said Robert McLeod, President and CEO of IDM. "The use of proceeds will be for resource expansion and exploration drilling at our high-grade Red Mountain Gold Project, as well as ongoing engineering work to support our feasibility study and permitting efforts."
https://www.ceo.ca/@marketwired/idm-mining-announces-private-placement-with-osisko-77cab