Playfair arranges $500,000 private placement Don was looking $1,400,000 ended getting 0ne third.........
They better make these next holes count or we are done trying to attacked more money,
Playfair arranges $500,000 private placement
2023-04-12 12:44 ET - News Release
Cheers
BB
Mr. Donald Moore reports
PLAYFAIR MINING ANNOUNCES REVISED PRIVATE PLACEMENT
Playfair Mining Ltd. has arranged a non-brokered private placement of 10 million common shares of the company at a price of five cents per share, for gross proceeds of $500,000. No finder's fees will be paid in connection with this offering.
The company intends to use the proceeds raised from the offering for exploration activities in Norway, and general corporate purposes. The offering is expected to close on or before April 28, 2023. The offering is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange.
The offering is being completed pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 -- Prospectus Exemptions, and therefore, the securities issued in the offering will not be subject to a hold period in accordance with applicable Canadian securities laws. There will be an offering document related to the offering that will be available under the company's profile at SEDAR and at the company's website. Prospective investors should read this offering document before making an investment decision.
The company will not be proceeding with the private placement announced in its news release of March 2, 2023.
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