Aldrin Resource Closes Private Placement

Resource Investing News
TSXV:ALN

Aldrin Resource (TSXV:ALN) has closed its previously announced private placement for proceeds of $250,000.

Aldrin Resource (TSXV:ALN) has closed its previously announced private placement for proceeds of $250,000.
As quoted in the press release:

Aldrin Resource Corp., further to its news release dated July 6, 2015, has received TSX Venture Exchange approval in connection with the $250,000 private placement arranged with an institutional investor. The private placement consists of flow-through units at a price of 18 cents per unit. Each unit comprises one flow-through share and one-half of a warrant, with each whole warrant entitling the holder to purchase one common non-flow-through share at a price of 25 cents for a period of 24 months from closing.

Click here to read the full press release.
Click here to read the full Aldrin Resource (TSXV:ALN) profile.

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