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Indigo Exploration (TSXV:IXI) raises $600,000 through private placement financing

 John Ballem John Ballem , The Market Herald Canada
0 Comments| February 28, 2023

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  • Indigo Exploration (IXI) has closed a non-brokered private placement, raising gross proceeds of $600,000
  • The company issued 10,000,000 units at a price of $0.06 per unit
  • Proceeds will be used for work programs on its exploration properties and for general working capital
  • Indigo is a junior natural resource company
  • Indigo Exploration Inc. (IXI) opened trading at C$0.10

Indigo Exploration (IXI) has closed its previously announced non-brokered private placement, raising gross proceeds of $600,000.

Under the offering, the company issued 10,000,000 units at a price of $0.06 per unit.

Proceeds from the offering will be used for work programs on its exploration properties and for general working capital.

All securities issued are subject to a statutory hold period expiring on June 28, 2023.

About Indigo Exploration Inc.

Indigo is a junior natural resource company holding 100 per cent interest in 18 metallic and industrial minerals permits totalling 147,904 hectares in central Alberta.

Indigo Exploration Inc. (IXI) opened trading at C$0.10.




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