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  • Baden Resources (BDN) has closed its private placement for gross proceeds of $200,000
  • The company issued 2,000,000 units at a price of $0.10 per unit
  • Net proceeds will be used for general corporate purposes and working capital
  • Baden Resources is a mineral exploration company
  • Baden Resources Inc. (BDN) opened trading at C$0.13 per share

Baden Resources (BDN) has closed its previously announced private placement for gross proceeds of $200,000.

The company issued 2,000,000 units at a price of $0.10 per unit. Each unit consists of one common share and one share purchase warrant. Each warrant is exercisable for one additional share at an exercise price of $0.13 until May 25, 2023.

All securities issued are subject to a statutory four-month hold period.

Net proceeds will be used for general corporate purposes and working capital.

Baden Resources is a mineral exploration company focused on the exploration and development of mineral properties in Canada and the USA.

Baden Resources Inc. (BDN) opened trading at C$0.13 per share.

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