- S2 Minerals (STWO) has closed its non-brokered private placement for gross proceeds of $1,440,000
- The company sold 12,000,000 units at $0.12 per unit
- The proceeds will be used for general corporate purposes
- S2 Minerals is a Canadian mineral exploration company
- S2 Minerals Inc. (STWO) opened trading at C$0.15 per share
S2 Minerals (STWO) has closed its non-brokered private placement for gross proceeds of $1,440,000.
The company sold 12,000,000 units at $0.12 per unit. Each unit consisted of one common share and one-half of a common share purchase warrant. Each whole warrant entitles the holder to purchase one share at a price of $0.25 for a period of two years following the closing date of the offering.
The proceeds will be used for general corporate purposes. The securities issued will be subject to a four-month hold period.
S2 Minerals is a Canadian mineral exploration company that holds the Sandy Lake project in Ontario.
S2 Minerals Inc. (STWO) opened trading at C$0.15 per share.
