Jazz Resources (TSE:JZR) has released an update.
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Jazz Resources is set to increase its capital through a non-brokered private placement offering aimed at raising $750,000 by selling units at $0.15 each. This offering includes common shares and warrants with the potential for shareholders to purchase additional shares within a 36-month period. The opportunity is also open to existing shareholders under certain conditions, with the closing expected by October 4, 2024.
For further insights into TSE:JZR stock, check out TipRanks’ Stock Analysis page.