Bullboard - Stock Discussion Forum Aldebaran Resources Inc ADBRF

Primary Symbol: V.ALDE

Metals & Mining Copper

Aldebaran Resources Inc. is a mineral exploration company, which is engaged in the acquisition and exploration of exploration and evaluation properties. Its projects include Altar, Rio Grande, Aguas Calientes, Oscara, El Camino, Catua and La Frontera. The Altar copper-gold project hosts a cluster of porphyry deposits in Argentina. Rio Grande is a copper-gold prospect with associated iron-oxide... see more

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Aldebaran Resources Inc > Aldebaran Receives $6 Million From Warrant Exercise

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Post by Betteryear2 on May 05, 2023 7:32am

Aldebaran Receives $6 Million From Warrant Exercise

VANCOUVER, British Columbia, May 05, 2023 (GLOBE NEWSWIRE) -- Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF) reports that a total of 8,588,334 warrants at $0.70 (the “Warrants”) have been exercised and the remaining 2,239,257 Warrants expired on May 3, 2023. The Warrants were issued as part of a private placement financing that closed in May 2021. This total includes the Warrants exercised by Route One Investment Company LLC and management, which was previously announced on March 30, 2023. The exercise of Warrants has raised proceeds of ~$6 million for the Company. The proceeds will be utilized to fund the current drilling program on the Altar copper-gold project in San Juan Province, Argentina, as well as for general corporate purposes.

Aldebaran Receives $6 Million From Warrant Exercise (globenewswire.com)

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