$IVOR shoots up 28% Ivor Exploration Inc. ($IVOR.c) shot up 28.26% today
Late last week $IVOR announced that it is undertaking a non-brokered private placement for gross proceeds between $5M-$10M.
In the PP $IVOR will sell between 5M and 10M units (which consist of one share and one-half warrant) at $1.00 per unit.
Proceeds of this PP will be used largely in part for drilling and geophysics on the Apex Lithium Project.
The Apex project is recognized as Nevada's largest past-producing uranium mine. Therefore, IMO this financing should pay off in the long run as it will help to advance the project.
$IVOR @ $1.77
MC $20.851M
https://ca.finance.yahoo.com/news/ivor-exploration-announces-non-brokered-113000147.html