Northern Vertex Announces $7.5 Million Non-Brokered Private Placement

Northern Vertex Mining (TSXV:NEE) announced a non-brokered private placement for aggregate gross proceeds of up to $7,500,000.

As quoted in the press release:

Each Unit will consist of one common share (“Common Share”) of the Company and one-half of one transferable share purchase warrant (“Warrant”). Each whole Warrant will entitle the holder to acquire one Common Share at an exercise price of $1.75 for a period of 24 months from the closing date of the Private Placement.

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