The mining newspaper for Alaska and Canada's North

Millrock plans to raise C$3.5M

Millrock Resources Inc. May 4 unveiled plans to raise up to C$3.5 million through a non-brokered private placement of up to 12.1 million units priced at C29 cents apiece.

Each unit will consist of one common share and one purchase warrant.

Each warrant will entitle the holder to purchase one additional common share at C44 cents for a term of three years.

Finder's fees of six percent cash, or the e...

 

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