AJN Resources Inc. (TSE:AJN) has released an update.
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AJN Resources Inc. has successfully completed a non-brokered private placement, raising $500,000 by issuing 5 million units at $0.10 each, which includes a common share and a purchase warrant. Additionally, the company settled $150,000 in debt with two directors through unit issuance, with insiders participating significantly in the transaction. The funds will support mineral property acquisitions, exploration, and general corporate activities.
For further insights into TSE:AJN stock, check out TipRanks’ Stock Analysis page.