Source: Phenom Resources Corp.
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  • Phenom Resources (PHNM) has successfully closed its non-brokered private placement for gross proceeds of $3,000,000
  • The company issued 6,000,000 units priced at $0.50 per unit
  • Several company insiders participated in the offering
  • Phenom Resources Corp is engaged in the exploration of gold and copper as well as vanadium on its properties
  • Phenom Resources Corp. (PHNM) is up 14.04 per cent, trading at C$0.65 per share at 3 pm EST

Phenom Resources (PHNM) has completed its non-brokered private placement for gross proceeds of $3,000,000.

The company issued 6,000,000 units priced at $0.50 per unit. 

Several company insiders participated in the offering.

The gross proceeds will be used for work programs on the company’s exploration properties and for general working capital.

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

Phenom Resources Corp is engaged in the exploration of gold and copper as well as vanadium on its properties.

Phenom Resources Corp. (PHNM) is up 14.04 per cent, trading at C$0.65 per share at 3 pm EST.

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