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Nobel Resources Corp ( (TSE:NBLC) ) has issued an announcement.
Nobel Resources Corp. has successfully closed the first tranche of its private placement offerings, raising a total of $2,287,500 through the issuance of 45,750,000 units at $0.05 per unit. The proceeds will be used for exploration work on its Chilean mineral properties and general corporate purposes. The offering was led by iA Private Wealth Inc., and the units include common shares and warrants. The company also closed a non-brokered private placement, issuing 6,700,000 units for $335,000, with insider participation constituting a related party transaction. Both tranches are subject to final approval by the TSX Venture Exchange.
More about Nobel Resources Corp
Nobel Resources is a Canadian resource company focused on identifying and developing prospective mineral projects. The company is supported by a team with a strong background in exploration success.
Average Trading Volume: 126,212
Technical Sentiment Signal: Buy
Current Market Cap: C$4.72M
See more insights into NBLC stock on TipRanks’ Stock Analysis page.