Source: Val-d’Or Mining Corporation
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  • Val-d’Or Mining (VZZ) has announced a non-brokered private placement for gross proceeds of up to $1,000,000
  • The company will issue up to 6,250,000 units at a price of $0.16 per unit
  • The proceeds raised from this offering will be used for general corporate purposes
  • Val-d’Or Mining focuses on precious and base metal assets in Ontario and Québec
  • Val-d’Or Mining Corporation (VZZ) opened trading at C$0.13 per share

Val-d’Or Mining (VZZ) has announced a non-brokered private placement for gross proceeds of up to $1,000,000.

The company will issue up to 6,250,000 units at a price of $0.16 per unit. Each unit will consist of one common share and one-half of one share purchase warrant. Each whole warrant entitles the holder to purchase one common share at a price of $0.20 for 24 months from the closing of the offering.

The proceeds raised from this offering will be used for general corporate purposes.

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

Val-d’Or Mining focuses on precious and base metal assets in Ontario and Québec.

Val-d’Or Mining Corporation (VZZ) opened trading at C$0.13 per share.

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