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.

More From The Market Online
GoGold - GoGold Resources' Parral operation in Mexico.

Three mining stocks that look cheap with gold at all-time highs

If you've noticed that gold mining stocks haven't been tracking gold's recent ascension to all-time highs, you aren't alone.

Pegmatite One options Dort Gold Property in B.C.

Pegmatite One (CSE:PGA) enters into an agreement with Bernie Kreft to earn a 100 per cent interest in the Dort project.

GoviEx Uranium must break ground in Niger to keep permit

GoviEx Uranium (TSXV:GXU) enters discussions with the Government of Niger to restart mining operations at its Madaouela project.

Klondike Gold kicks off property-wide Yukon exploration program

Klondike Gold (TSXV:KG) outlines the 2024 exploration and review of its Klondike District Property in Yukon’s Dawson mining district.