Quadro Resources (QRO-V) Upsized PP $570k
Jan 21, '20 - NR
Further to its Dec. 13, 2019, and Dec. 31, 2019, news releases, Quadro Resources Ltd., subject to TSX Venture Exchange approval, has increased the hard-dollar unit portion of its financing from 2.5 million units to 8,825,000 five-cent units for proceeds of $441,250. The company previously closed on 2,575,000 flow-through units for proceeds of $128,750. The proposed increase would, on closing the full amount, bring total gross proceeds of the financing from $500,000 to $570,000.
About Quadro Resources
Quadro is a publicly traded mineral exploration company. It is led by an experienced and successful management team and is focused on exploring for gold in North America. Quadro has approximately 28 million shares outstanding. The Company's shares trade on the TSX Venture Exchange under the symbol "QRO". Quadro owns a 100% interest in the Staghorn and Conche properties in Newfoundland.
On behalf of the board of directors,
Quadro Resources Ltd.
"T. Barry Coughlan"
President and CEO |
