Finlay Minerals has closed its non-brokered private placement for gross proceeds of $1,672,670. The TSX Venture Exchange (TSXV) has only recently approved the issuance of 11,206,088 common shares on a flow-through basis. Furthermore, they approved 4,400,000 non-flow-through units. This bold move will allow for aggressive exploration. We’re concentrating our efforts...
Finlay Minerals of Vancouver has just closed a private placement, raising $1,672,670. Okay, fine. But then you read the words “NFT units” and all of a sudden it’s like your grandma trying to explain TikTok. Have we entered a brave new world of mining finance and blockchain? Or is this...
With that in mind, TSXV and OTCQB listed Finlay Minerals Ltd. has announced a big one. The resource company closed a non-brokered private placement of stock, raising an impressive $1,672,670 in gross proceeds. The corporation plans to use the net proceeds from the Offering to incur Canadian exploration expenses and...
Finlay Minerals is just coming off the wire from closing a $1.67M private placement. Good news, right? More cash in the treasury. But before everyone rushes off to start their plug-ins, let’s slam the brakes for a second. Did they truly obtain the greatest value possible for shareholders, or did...
