- Advance United Holdings (AUHI) has closed a non-brokered private placement for gross proceeds of $135,000
- The company issued 1,687,500 units in the capital of the company at a price of $0.08 per unit
- Net proceeds will be used for general working capital purposes
- Advanced United Holdings Inc. is an exploration-stage mineral resources company engaged in acquiring, exploring and evaluating strategic mineral properties
- Advance United Holdings Inc. opened trading at $0.05 per share
Advance United Holdings (AUHI) has closed its previously-announced non-brokered private placement for gross proceeds of $135,000.
The company issued 1,687,500 units in the capital of the company at a price of $0.08 per unit. Each unit consisted of one common share and one-half of one common share purchase warrant. Each whole warrant shall entitle the holder to acquire one common share at a price of $0.15 per common share for a period of two years.
All securities issued in connection to the offering will be subject to a statutory hold period of four months.
Net proceeds from the sale of the units will be used for general working capital purposes.
Advanced United Holdings Inc. is an exploration-stage mineral resources company whose principal business activities include acquiring, exploring and evaluating strategic mineral properties.
Advance United Holdings Inc. opened trading at $0.05 per share.
