Resouro Strategic Metals upsizes private placement to raise up to $2.5 million
Reuters2026/08/06 23:42- Resouro Strategic Metals completed a first closing of its upsized non-brokered private placement, targeting gross proceeds of up to $2.5 million.
- Issued 7,440,000 common shares at $0.25 per share for gross proceeds of $1.86 million.
- Offering increased to 10,000,000 common shares from 8,000,000, maintaining the $0.25 issue price.
- Net proceeds earmarked for environmental work supporting the Tiros project’s preliminary feasibility study, with remaining funds for working capital.
- Paid a $4,500 cash finder’s fee; remaining shares expected to be issued in a second closing.
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