Mistango River Res. (MIS-Cse) Mr. Eric Sprott Led $2 Million Financing
May 12, '20 - NR
Mistango River Resources Inc. has arranged an up to $2-million non-brokered flow-through (FT) private placement financing that will be led by Eric Sprott as the lead order for $1.5-million.
"We are excited to announce yet another financing from Mr. Sprott, who continues to invest in Mistango, its assets and its team. This additional capital will be devoted to the exploration and drilling of our Eby-Baldwin property which is contiguous Kirkland Lake Gold's Macassa project and forms the western extension of numerous major structures, including the Amalgamated, Main and Cadillac breaks," said Stephen Stewart, director of Mistango River Resources.
Terms of the financing as follows:
FT units priced at 27.5 cents, consisting of one flow-through common share plus one-half warrant, with each full warrant being exercisable into one common share at 35 cents for two years.
Accredited investors interested in participating in this private placement should contact Stephen Stewart directly.
About Mistango River Resources Inc.
Mistango is a Canadian-based exploration and development company focusing on its Eby-Baldwin and Omega mine projects near Kirkland Lake, Ont.
To Speak to Mistangodirectly, please contact:
Stephen Stewart, Director
Phone: 416.644.1567
Email: sstewart@minvestpartners.com
www.Mistango.com |
