- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Energizer Resources Raises $588,000 Through Private Placement
Energizer Resources (TSX:EGZ,OTCQX:ENZR) says it has closed a private placement offering 4.9 million common shares raising gross proceeds of USD $588,000. The net proceeds will be used to fund the production of purified graphite concentrate samples from the Molo project as well as general working capital purposes.
According to the press release:
In connection with the Offering, the Company paid a cash commission of US$29,400 and issued 147,000 Finder’s warrants. Each Finder’s warrant entitles the holder to acquire one Common Share of Energizer at an exercise price of US$0.12 per share for a period of 24 months from the date of issuance.
The net proceeds from the Offering will be primarily used to fund the production of purified graphite concentrate samples from the Molo Project in Madagascar and also for general working capital purposes.
Click here to read the Energizer Resources Inc. (TSX:EGZ,OTCQX:ENZR) press release
Click here to see the Energizer Resources Inc. (TSX:EGZ,OTCQX:ENZR) profile.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â