Market Herald logo

Find out more about this capital raise

Be the first with the news that moves the market
  • Baden Resources (BDN) has announced a non-brokered private placement for total gross proceeds of up to $200,000
  • The company will issue up to 2,000,000 units at a price of $0.10 per unit
  • Baden Resources is a mineral exploration company
  • Baden Resources Inc. (BDN) opened trading at C$0.13 per share

Baden Resources (BDN) has announced a non-brokered private placement for total gross proceeds of up to $200,000.

The company will issue up to 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 a price of $0.13 for a period of 15 months.

All securities issued are subject to a statutory hold period of four months and one day.

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.

More From The Market Herald

" Labrador Gold Corp. (TSXV:LAB) raises $3.88M

Labrador Gold Corp. (LAB) has raised $3,885,285.90 from the exercise of share purchase warrants with a strike price of $0.175 and $0.30.

" Dynacor Group (TSX:DNG) announces name change and elects new directors

Dynacor Group (TSX:DNG) has changed its name to Groupe Dynacor / Dynacor Group.

" Kinross (TSX:K) announces updates on projects in Ontario, Alaska and Washington

Kinross Gold (K) has provided updates on its Great Bear project in Red Lake, Ontario.

" Foremost Lithium (CSE:FAT) expands presence in Snow Lake region

Foremost Lithium Resource & Technology (FAT) has signed an option agreement with Strider Resources.