- 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.
