Source: Advance United Holdings Inc.
  • Advance United Holdings (AUHI) has announced a non-brokered private placement for gross proceeds of up to $500,000
  • The company will issue up to 2,500,000 units at $0.08 per unit, and up to 3,000,000 flow-through common shares at $0.10 per FT share
  • Advanced United Holdings is an exploration stage mineral resources company
  • Advance United Holdings Inc. (AUHI) opened trading at $0.07

Advance United Holdings (AUHI) has announced a non-brokered private placement of units and FT shares for gross proceeds of up to $500,000.

The company will issue up to 2,500,000 units at $0.08 per unit and up to 3,000,000 common shares at $0.10 per FT share.

Each unit will consist of one common share and one-half of one whole common share purchase warrant. Each warrant will entitle the holder to acquire one common share at a price of $0.15 for two years from the date of issuance.

Advance United Holdings has closed the first tranche of the offering issuing 1,500,000 FT shares for gross proceeds of $150,000.

Advanced United Holdings is an exploration stage mineral resources company whose principal business activities include acquiring, exploring and evaluating strategic mineral properties.

Advance United Holdings Inc. (AUHI) opened trading at $0.07.


More From The Market Online

Centurion Minerals identifies high-quality gold target

Centurion Minerals (TSXV:CTN) reveals findings of a high-quality priority gold exploration target on its Newman Property.

Inspiration Energy acquires interest in 2 Athabasca uranium projects

Inspiration Energy (CSE:ISP) expands its presence in the Athabasca Basin in Saskatchewan by acquiring interest in two uranium properties.