Makena Resources Inc. (TSXV:MKN) has closed a non-brokered private placement of 7.9 million units at 5 cents per share to raise $395,000. Makena intends to use proceeds from the placement for general working capital.
As quoted in the press release:
Each unit consists of one common share and one transferrable share purchase warrant exercisable at a price of five cents until Aug. 21, 2018. The units in this private placement will have a hold period that expires on Dec. 22, 2014.
|Anfield Resources Inc. (TSXV:ARY,OTCQB:ANLDF) is in the final stage of acquiring the Shootaring Canyon mill in Utah, one of only three licensed conventional mills in the U.S. Connect with ARY and don't miss an update on their mining claims and state leases in southeastern Utah, South Dakota and Arizona totalling over 65,500 acres.|