NewsFrom the current Swiss Resource Capital Newsletter:
Sulliden Mining announces financing for Troilus Sulliden Mining recently announced a non-brokered private placement financing of up to 5,000,000 units at a price of CA$0.25 per unit for proceeds to the company of approximately CA$1,250,000. Sulliden intends to use the proceeds for the advancement of the Trolius Gold project, further investment opportunities and general working capital purposes.
Sulliden’s main goal seems to be the development of Troilus into an acquisition status.
Source: https://www.resource-capital.ch/en/infothek/newsletter-archiv.html