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PUGET VENTURES INC. (TSXV:PVS) announced that it has engaged a syndicate co-Led by Euro Pacific Canada and Octagon Capital Corporation and including D&D Securities Inc. to raise a minimum of $5,750,000 and a maximum of $16,000,950 by way of a marketed short form prospectus offering of subscription receipts.
As quoted in the press release:
As quoted in the press release:
Proceeds from this financing will be used for accelerating the confirmation and development program on the Karakul cobalt project and neighbouring assets in the Altai Republic of Russia, as well as for general working capital purposes.
Puget Ventures Inc., President &CEO, Erin Chutter, said:
“We are delighted to be proceeding with this public financing under the sponsorship of these three premier mining investment banks.”
Click here to read the Puget Ventures INC. (TSXV:PVS) press release
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