tiprankstipranks
Jazz Resources Expands Offering After Successful Tranche
Company Announcements

Jazz Resources Expands Offering After Successful Tranche

Story Highlights

Jazz Resources (TSE:JZR) has released an update.

Don't Miss our Black Friday Offers:

Jazz Resources Inc. has successfully closed the first tranche of its non-brokered private placement offering, raising $1,500,000 in convertible debentures, with the offering now expanded to $1,700,000 due to high investor interest. The funds will support operations and exploration at the Vila Nova Gold project in Brazil, as well as for general working capital needs. The debentures are convertible into shares and warrants, maturing in one year with a 10% annual interest rate.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskJZR Gold Prepares Vila Nova Project for Launch
TipRanks Canadian Auto-Generated NewsdeskJZR Gold Inc. Completes Successful Private Placement
TipRanks Canadian Auto-Generated NewsdeskJZR Gold Inc. to Raise Funds Through Private Placement
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App