East West Raises over $825,000 in Non-Brokered Private Placement
East West Minerals closed a non-brokered private placement, issuing 7.5 million units at $0.11 each for gross proceeds of roughly $827,000. Each unit consists of one share and a half-warrant exercisable at $0.15 for three years; proceeds are designated for working capital.
Key figures
- Deal Value Usd
- 827395
- Offering Price
- 0.11
- Shares Offered
- 7521773
- Hold period months
- 4
- Warrant duration years
- 3
- Warrant exercise price
- 0.15
- Insider participation shares
- 1227500
AI analysis
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