- Latin Metals has closed a non-brokered private placement for gross proceeds of $1,227,611.70
- The company issued 12,276,117 units for $0.10 per unit
- The proceeds will be used to fund ongoing exploration at the company’s mineral projects in Argentina and Peru
- Latin Metals is a mineral exploration company acquiring a diversified portfolio of assets in South America
- Latin Metals Inc. (LMS) opened trading at C$0.11 per share
Latin Metals (LMS) has closed its previously announced non-brokered private placement for gross proceeds of $1,227,611.70.
The company issued 12,276,117 units for $0.10 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional for a period of 36 months from the closing of the offering.
Latin Metals paid a $1750 cash commission to Leede Jones Gable Inc.
All securities issued are subject to a statutory four-month hold period.
The proceeds will be used to fund ongoing exploration at the company’s mineral projects in Argentina and Peru and for general working capital.
Latin Metals is a mineral exploration company acquiring a diversified portfolio of assets in South America.
Latin Metals Inc. (LMS) opened trading at C$0.11 per share.
