Jinhua Capital Secures Over $1.2M in Private Placement

Jinhua Capital Corporation (TSE:JHC) has released an update.

Jinhua Capital Corporation has successfully completed the first tranche of its non-brokered private placement, raising $1,220,999.96 through the issuance of flow-through and non-flow-through units. These funds will support exploration activities in Quebec and general corporate purposes, with part of the proceeds allocated as Canadian exploration expenses. The offering also included finder’s fees and warrants as incentives for brokers who facilitated investor introductions.

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