- Capitan Mining (CAPT) has closed the final tranche of a $3,200,000 non-brokered private placement
- The final tranche consists of 3,000,000 common shares at a price of $0.20 per share for total proceeds of $600,000
- The proceeds will be used primarily to advance drilling and work programs at the Cruz de Plata silver & gold project
- Capitan Mining Inc. is a junior exploration company focused on its 100-per-cent-owned gold and silver Cruz de Plata Silver and Gold Project in Durango, Mexico
- Capitan Mining Inc. (CAPT) opened trading at C$0.22
Capitan Mining (CAPT) has closed the final tranche of its previously announced $3,200,000 non-brokered private placement.
The final tranche consists of 3,000,000 common shares at a price of $0.20 per share for total proceeds of $600,000.
The proceeds will be used to advance drilling and work programs at the Cruz de Plata silver & gold project in addition to funding working capital and general corporate expenses.
All securities issued will be subject to a statutory four-month hold period expiring March 3rd, 2023.
The company did not pay any finders fees.
Capitan Mining Inc. is a junior exploration company focused on its 100-per-cent-owned gold and silver Cruz de Plata Silver and Gold Project in Durango, Mexico.
Capitan Mining Inc. (CAPT) opened trading at C$0.22.
