Highrock arranges $325,000 private placement Highrock arranges $325,000 private placement
2024-03-13 17:30 ET - News Release
Mr. Derrick Dao reports
HIGHROCK ANNOUNCES PRIVATE PLACEMENT FINANCING
Highrock Resources Ltd. has arranged a non-brokered private placement financing for gross proceeds of up to $325,000 through the issuance of up to 6.5 million units in the capital of the company at a price of five cents per unit.
Each unit shall be composed of one common share in the capital of the company and one whole common share purchase warrant. Each warrant entitles the holder thereof to acquire one common share at a price of 7.5 cents per common share until the date that is two years from the date of issuance. Gross proceeds raised from the offering will be used for working capital and general corporate purposes.
Closing of the offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of Canadian Securities Exchange. All securities issued in connection with the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.
About Highrock Resources Ltd.
Highrock is preparing for a low carbon future. The company is engaged in the business of acquiring and advancing critical mineral assets in North America, with a particular focus on uranium.
We seek Safe Harbor.
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