Euromax Resources Plans Private Placement

Euromax Resources (TSE:EOX) has released an update.

Euromax Resources Ltd. has announced a non-brokered private placement aiming to raise approximately C$69,587 through the sale of units at C$0.02 each, which include common shares and purchase warrants. The proceeds from this private placement will be allocated to various operational costs, including administration, salaries, and legal fees, with a portion designated for project working capital. The completion of the offering is subject to regulatory approval and certain customary closing conditions.

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