Magna Terra Minerals closes upsized non-brokered private placement for gross proceeds of $3.75 million
Bitget2026/09/22 12:08- Magna Terra Minerals closed an upsized non-brokered private placement raising gross proceeds of $3.75 million.
- Issued 8,421,056 premium flow-through common shares at $0.24 per share.
- Issued 10,000,000 common shares at $0.18 per share.
- Proceeds earmarked for Canadian exploration expenses, targeting projects in western Newfoundland and New Brunswick.
- Insiders subscribed for 1,285,712 premium flow-through shares; Michael Gentile’s stake rose to 19,757,379 shares, or 15.6%.
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.
You may also like
BoJ Summary of Opinions: Member says appropriate to keep raising rates in line with economy, price
Rio Tinto secures Bell Bay aluminum smelter operations till 2031
The British Pound rallies on a UK growth upgrade and gives more than half back
Only twice in history! S&P 500 equal-weight index is expected to record seven consecutive weeks of decline this week
The S&P 500 Equal Weight Index is expected to fall for a seventh consecutive week. If this downward trend continues through Friday, it will mark only the third time in history that the index has experienced seven straight weeks of decline.
Crypto prices
More
