Source: Idaho Champion.
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  • Idaho Champion (ITKO) has closed its oversubscribed private placement for gross proceeds of $1,116,787
  • Under the final tranche, the company issued 3,728,600 Québec FT shares and 1,866,667 FT shares for gross proceeds of $373,002
  • The gross proceeds from the issuance of the FT shares and Québec FT shares will be used for Canadian exploration expenses
  • Idaho Champion is an exploration company focused on cobalt and lithium
  • Idaho Champion Gold Mines Canada Inc. opened trading at $0.06 per share

Idaho Champion (ITKO) has closed its previously announced, oversubscribed private placement for gross proceeds of $1,116,787.

Under the final tranche, the company issued 3,728,600 Québec FT shares and 1,866,667 FT shares for gross proceeds of $373,002.

The gross proceeds from the FT shares and Québec FT shares will be used for Canadian exploration expenses.

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

Idaho Champion is a discovery-focused exploration company advancing its cobalt properties located in Idaho and lithium properties in Quebec.

Idaho Champion Gold Mines Canada Inc. (ITKO) opened trading at C$0.06.


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