Badlands Resources upsizes private placement to C$3 million at C$0.27 per unit
Bitget2026/09/28 21:05- Badlands Resources increased its non-brokered private placement to 11,111,111 units at $0.27 per unit, targeting gross proceeds up to $3 million.
- Each unit includes one common share, one non-transferable warrant exercisable at $0.45 for two years from issuance.
- Warrant expiry can be accelerated if TSXV shares close above $0.65 for five consecutive trading days following hold-period expiry.
- Net proceeds earmarked for debt reduction, property acquisitions, working capital, including the proposed Goliath property acquisition in northwestern Ontario.
- Closing expected in one or more tranches, subject to TSXV approval for the financing and the proposed Goliath acquisition.
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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