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Buscando Resources Corp ( (TSE:EONE) ) just unveiled an update.
Element One Hydrogen & Critical Minerals Corp. has filed an amended and restated offering document for its previously announced listed issuer financing exemption offering of up to 6,650,000 units at C$0.15 each, for potential gross proceeds of C$997,500. Each unit comprises one common share and half a warrant, with full warrants exercisable at C$0.20 for 36 months after a specified post-closing period, and the financing is being led by Centurion One Capital Corp. as sole bookrunner.
The offering, conducted in British Columbia, Alberta and Ontario under the listed issuer financing exemption, will issue securities that are not subject to a statutory hold period, subject to regulatory compliance. Element One plans to deploy the net proceeds toward exploration activities and general working capital, providing fresh funding to advance its hydrogen and critical minerals projects and support ongoing corporate operations.
More about Buscando Resources Corp
Element One Hydrogen & Critical Minerals Corp. is a Canadian company focused on exploring, developing and commercializing geologic hydrogen and critical mineral resources, alongside hydrogen-generation technologies. Its portfolio includes the Foggy Mountain critical minerals project and additional hydrogen and battery metals prospects in Alaska and British Columbia.
Average Trading Volume: 154,065
Technical Sentiment Signal: Sell
Find detailed analytics on EONE stock on TipRanks’ Stock Analysis page.