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Bacanora Minerals Ltd. (TSXV:BCN) announced a proposed private placement for gross proceeds of up to $3,500,000 at a price of $0.30 a unit.
As quoted in the press release:
Each unit will consist of one common share and one-half of one common share purchase warrant, with each whole warrant being exercisable into one common share at a price of $0.45 for a period of four (4) years.
Click here to read the Bacanora Minerals Ltd. (TSXV:BCN) press release
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