VAL-D'OR MINING CORPORATION Val-d'Or Mining Corporation announced a non-brokered private placement of up to 6,250,000 units at a price of CAD 0.16 per unit for gross proceeds of CAD 1,000,000 on February 18, 2022. Each unit will consist of one common share and one-half of one non-transferable share purchase warrant. Each whole warrant will entitle the holder to purchase one common share at a per share price of CAD 0.20 for 24 months from the date of issuance of the securities.
The transaction is subject to acceptance by TSX Venture Exchange. The company may pay finders' fees in the transaction. All securities issued are subject to a hold period of four months and one day from the date of closing.
