Pacific Empire Announces Closing of Non-Brokered Private Placement of Units
Pacific Empire closed a non-brokered private placement of 35.2 million units at $0.045 per unit, raising approximately $1.58 million in gross proceeds. Each unit consists of one common share and one warrant exercisable at $0.07, with proceeds directed toward drilling and geophysics at the Trident and Pinnacle copper-gold projects in British Columbia.
Key figures
- Deal Value Usd
- $1,584,349.88
- Offering Price
- 0.045
- Shares Offered
- 35,207,775
- Finder fees
- C$23,467.50
- Warrants per unit
- 1
- Warrant expiry date
- July 31, 2029
- Broker warrants issued
- 521,500
- Warrant exercise price
- 0.07
- Officer units subscribed
- 444,444
- Officer participation value
- $19,999.98
AI analysis
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