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...
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...
