Brutus Mining closes non-brokered private placements raising $3 million
Bitget2026/10/13 21:46- Brutus Mining closed non-brokered private placements raising gross proceeds of $2,998,725.05.
- Issued 5,710,643 units at $0.35, each with one share plus one transferable warrant exercisable at $0.40 for 24 months.
- Issued 2,500,000 flow-through units at $0.40, each with one flow-through share plus one warrant exercisable at $0.43 for 24 months.
- Proceeds earmarked for CW Property exploration, new project reviews, general working capital; flow-through funds allocated to Canadian exploration expenses.
- Paid finders’ fees of $203,260.75; issued 399,745 finder warrants plus 158,375 finder FT warrants.
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