Makena Resources Inc. (TSXV:MKN) reported today that it will propose a non-brokered private placement of up to 12 million units priced at $0.05 per share for gross proceeds of $600,000.
As quoted in the press release:
Each unit will consist of one common share and one transferable share purchase warrant exercisable at $0.05 per share for a period of five years, subject to approval of the TSX Venture Exchange (“TSX.V”). The securities issued will be subject to a four-month hold period in accordance with applicable Canadian securities law.
|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.|