Allegiance Resources Announces Private Placement of Up to C$ 899,999.94
Bitget2026/10/21 04:13- Allegiance Resources announced a non-brokered private placement targeting gross proceeds of CAD 500,000.06 to CAD 899,999.94.
- The offering comprises 3,571,429 to 6,428,571 units priced at CAD 0.14 each.
- Each unit includes one common share and one warrant exercisable at CAD 0.35 from day 61 through month 24 following closing.
- Net proceeds will fund property exploration and general working capital.
- Final closing is due by November 6, 2026, subject to Canadian Securities Exchange approval; the minimum offering must precede the first closing.
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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