Fortune Bay (TSE:FOR) has released an update.
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Fortune Bay Corp. has announced a non-brokered private placement aimed at raising $500,000 to fund their exploration and project development activities in Saskatchewan, as well as for general operating expenses. The offering will consist of over 2 million units, with each unit including a common share and a half warrant, exercisable at $0.30 per share for two years.
For further insights into TSE:FOR stock, check out TipRanks’ Stock Analysis page.