The Conversation (0)
International Montoro Resources (TSXV:IMT) has completed its second and final tranche in its 2014 flow-through financing, raising $15,000. The funds were used on geochmical soil sampling on part of the company’s Chuchinka prospect with the balance applied to the Serpent River-Pecors drilling project.
According to the press release:
Combined with the first tranche, the Company has issued a total of 805,000 units for gross proceeds of $96,600 flow-through funds. Each unit consists of one common share, and a one twelve (12) month transferable share purchase warrant. Each full warrant entitles the holder to purchase one additional common share of the Company at a price of $0.18 within one year.
Click here to read the International Montoro Resources (TSXV:IMT) press release
Click here to see the International Montoro Resources (TSXV:IMT) profile.