Source: RJK Explorations Ltd.
  • RJK Explorations (RJX.A) has closed the second tranche of a private placement with Great Lakes Nickel Limited
  • RJK issued an additional 4,125,516 units to Great Lakes Nickel Limited following the release of $453,806.76 in subscription funds from escrow
  • Each unit consists of one Class A Subordinate Voting Share and one common share purchase warrant
  • All securities issued are subject to a statutory hold period ending on October 16, 2022
  • RJK Explorations Ltd. (RJX.A) opened trading at C$0.09 per share

RJK Explorations (RJX.A) has closed the second tranche of a private placement with Great Lakes Nickel Limited.

RJK issued an additional 4,125,516 units to Great Lakes Nickel Limited following the release of $453,806.76 in subscription funds from escrow. The escrowed funds will be used for general corporate and working capital purposes.

Each unit consists of one Class A Subordinate Voting Share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share for $0.25 for three years.

All securities issued are subject to a statutory hold period ending on October 16, 2022.

RJK Explorations is a mineral exploration company focusing on diamonds, gold, silver and base metals with its resource properties located in Ontario and Newfoundland.

RJK Explorations Ltd. (RJX.A) opened trading at C$0.09 per share.

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