Aston Bay Holdings Completes Major Private Placement

Aston Bay Holdings (TSE:BAY) has released an update.

Aston Bay Holdings Ltd. has successfully closed the second tranche of its non-brokered private placement, raising an additional $2,137,860, which, when combined with the first tranche, totals $3,517,860 in funds raised. The company issued both non-flow through units and flow through shares, with the latter being subject to a four-month hold period. This financing round also involved payments of finder’s fees and the issuance of Finder’s Warrants.

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