Regal Resources Increases Number of Units in Financing

Regal Resources Inc. (CNSX:RGR) reported that it has increased the number of Units available for purchase under the previously announced non-brokered private placement. Regal will now conduct a non-brokered private placement of up to 5,555,556 units of the Company at $0.09 per Unit.

As quoted in the press release:

The Company will now conduct a non-brokered private placement of up to 5,555,556 units of the Company (the “Units”) at a price of $0.09 per Unit for aggregate proceeds of up to $500,000 CDN. Each Unit will consist of one common share in the capital of the Company and one share purchase warrant.

Click here to read the Regal Resources Inc. (CNSX:RGR) press release