Funds raised from tranche 2 of the Placement $1.078 million will be aggregated with the funds raised from tranche 1 of the Placement ($667,047) and applied to fund exploration on the Company’s projects, including the Edjudina Gold Project and the Victoria Bore Copper Project, as well as for general working capital and to pay the costs of the Placement and anallocation to review potential acquisitions.
So not for buying acquisitions, just to pay for the review of buying a potential acquisition. hmmmmm.......
M3M Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
