Bonanza Mining Corporation (TSE:BNZ) has released an update.
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Bonanza Mining Corporation is launching a non-brokered private placement to sell up to 10 million common shares at $0.025 each, aiming to raise up to $250,000. The funds will be used for general working capital and potentially settling liabilities. Insider participation in the offering is expected, which will adhere to specific regulatory exemptions.
For further insights into TSE:BNZ stock, check out TipRanks’ Stock Analysis page.