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Great Atlantic Sets Private Placement for Exploration
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Great Atlantic Sets Private Placement for Exploration

Great Atlantic Resources (TSE:GR) has released an update.

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Great Atlantic Resources has announced a non-brokered private placement aiming to raise $75,000 through the sale of 1,500,000 flow-through units at $0.05 each. This strategic financial move, backed by a long-term investor, will fund exploration activities on the company’s mineral properties in Atlantic Canada. Securities issued will be subject to a four-month hold period and the transaction is pending TSX Venture Exchange approval.

For further insights into TSE:GR stock, check out TipRanks’ Stock Analysis page.

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