Eastfield Resources Seeks Funding Through Private Placement

Eastfield Resources (TSE:ETF) has released an update.

Eastfield Resources Ltd. is set to raise $150,000 through a non-brokered private placement, offering units at $0.025 each, to fund its Zymo Project exploration and bolster working capital. Each unit includes a common share and a purchase warrant, with warrants allowing the acquisition of additional shares at $0.05 for two years post-closure. The placement is pending formal documentation and regulatory approval, including from TSX Venture Exchange.

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