Honey Badger Exploration (TSE:TUF) has released an update.
Honey Badger Silver Inc. is set to finalize a non-brokered private placement aiming to raise $1.2 million by selling units and shares to fund exploration programs and cover administrative expenses. Non-Executive Chairman Chad Williams is participating significantly, which may result in him holding over 20% of the company’s shares, potentially creating a new ‘control person’ as per TSX Venture Exchange regulations.
For further insights into TSE:TUF stock, check out TipRanks’ Stock Analysis page.
