Scottie Resources plans C$10 million private placement at C$2.90/share
Bitget2026/09/24 11:08- Scottie Resources launched a brokered private placement of up to 3,448,275 common shares at C$ 2.90 each for up to C$ 10 million.
- Agents hold an option for 689,655 additional shares at C$ 2.90, raising up to C$ 2 million.
- The previously announced non-brokered private placement was upsized to C$ 17 million, expected to close alongside the brokered deal.
- Total gross proceeds targeted at up to C$ 27 million, rising to up to C$ 29 million if the option is fully exercised.
- Proceeds earmarked for working capital, corporate uses, technical studies, permitting work at the Scottie Gold Mine Project.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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