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Omineca Mining (TSXV:OMM) announces $2M brokered private placement

 John Ballem John Ballem , The Market Herald Canada
0 Comments| March 9, 2023

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  • Omineca (OMM) announced a brokered offering of flow-through units for gross proceeds of up to $2,000,000
  • The offering is anticipated to close on or about March 22, 2023
  • Omineca Mining and Metals Ltd is a junior gold company
  • Omineca Mining and Metals Ltd. (OMM) opened trading at C$0.155

Omineca (OMM) announced a brokered offering of flow-through units at a price of $0.11 per unit for gross proceeds of up to $2,000,000.

Each FT unit will include one common flow-through share and one purchase warrant. Each warrant will entitle the holder to purchase one additional at an exercise price of $0.14 for a period of 36 months.

The company has signed an agreement with Research Capital Corporation as the sole agent and bookrunner. The company will grant the agent an option to increase the size of the offering by up to 15 per cent.

The offering is anticipated to close on or about March 22, 2023.

About Omineca Mining and Metals Ltd.

Omineca Mining and Metals Ltd is a junior gold company focused on the acquisition, exploration, and development of mineral properties in British Columbia and Yukon.

Omineca Mining and Metals Ltd. (OMM) opened trading at C$0.155.




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