Stuhini Exploration Ltd V.STU

Alternate Symbol(s): STXPF

Stuhini Exploration Ltd. is a Canada-based mineral exploration company. The Company is focused on the exploration and development of precious and base metals properties in western Canada and south-western United States. The Company's portfolio of exploration properties includes Ruby Creek Project, Que Project, South Thompson Project and Big Ledge Property. The Company's flagship the Ruby Creek project is located approximately 14 kilometers (km) east of Atlin, British Columbia. The Que project is located approximately 70 km north of Johnson's Crossing in the Yukon. The South Thompson project is located approximately 35 km northwest of Grand Rapids, Manitoba. The Big Ledge property is located approximately 57 km south of Revelstoke, British Columbia. The Company also has a portfolio of properties in south-east Arizona.

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Stuhini Exploration Ltd

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Post by Tadon Aug 20, 2022 12:14am

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Post# 34908923

New Share Structure

.
Prior this financing, Stuhini had 26,147,776 shares o/s.

4,520,135 total FT and NFT shares were issued in this private placement, so there are now 30,667,911 shares outstanding.

Also the company now has 2,302,811 full warrants exercisable at $0.60, which includes 43,243 broker warrants exercisable at $0.50.

Share structure is still very tight, considering the size of the known moly resource of 475 million lbs, plus all the potential for silver and gold discoveries. The company now has over $2 million cash to work with including the cash balance prior to this raise.

GLTA !

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