Lexston Mining Seeks $400K in Private Placement

Lexston Life Sciences Corp. (TSE:LEXT) has released an update.

Lexston Mining Corporation has announced a non-brokered private placement aiming to raise $400,000 by issuing up to 6.66 million units at $0.06 each, with proceeds intended for working capital and mineral exploration. The units include a common share and a warrant to purchase an additional share at $0.08 within two years. The offering may involve finder’s fees and will adhere to a four-month statutory hold period post-closing.

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