Bullboard - Stock Discussion Forum Adventus Mining Corp. V.ADZN

Metals & Mining Industrial Metals & Minerals

Adventus Mining Corporation is a copper-gold exploration and development company. Its Curipamba project comprises seven concessions representing over 21,500 hectares (ha) and includes the advanced high-grade copper-gold El Domo deposit. Its Pijili project is located in an established mining area in southwestern Ecuador in the province of Azuay, over 150 kilometers (km) from the major port city... see more

Add To Watchlist

TSXV:ADZN - Post Discussion

Adventus Mining Corp. > Luminex Resources Announces C$8 Million Private Placement

View:

Post by Betteryear2 on Apr 06, 2022 4:34pm

Luminex Resources Announces C$8 Million Private Placement

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

VANCOUVER, BC, April 6, 2022 /CNW/ - Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF) (the "Company" or "Luminex") is pleased to announce that it plans to conduct a non-brokered private placement (the "Offering") of up to 21,000,000 units ("Units") at a price of C$0.38 per Unit (the "Offering Price"), for aggregate gross proceeds of up to C$8.0 million. Each Unit shall be comprised of one common share of the Company (each, a "Common Share") and one-half of one Common Share purchase warrant of the Company (each whole Common Share purchase warrant, a "Warrant"). Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of C$0.55 per Common Share at any time during the 24-month period following the Closing Date. Ross Beaty intends to subscribe for approximately C$1.6 million of the Offering.