CZN 0.00% 0.5¢ corazon mining limited

Ann: Completion of SPP, page-39

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  1. 1,116 Posts.
    lightbulb Created with Sketch. 1659
    Yes good to see the SPP out of the way and that they were all taken quickly, so now they have the $3million for which as they stated  in announcement 2nd March 2017:

    "The proceeds of the SPP will be used primarily for exploration activities at Corazon’s Lynn Lake Project in Canada and the Mt Gilmore Cobalt-CopperGold Project in New South Wales, as well as for general working capital purposes."

    The results should be out very soon and hoping they are good as expected as that will make the SP go North very quickly:

    From announcement dated 13th February 2017:

    Phase I drilling completed – first assays due this month.
    Phase II drilling proposed to commence late February
    First assay results from Phase 1 Drilling are expected to be available later this month and all assay results are on track to be received by the end of March 2017
    .
 
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