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Trench Solutions ( (TSE:PAT) ) has provided an update.
Patterson Metals Corp. has revised the structure of its non-brokered private placement, offering up to 3,703,704 units at $0.27 per unit for gross proceeds of up to $1,000,000. The offering, now available to purchasers in Canada (excluding Quebec) and other qualifying jurisdictions, includes one common share and a warrant for an additional share at $0.36, valid for 36 months. The securities will not be subject to a statutory hold period, and no finders’ fees or commissions will be paid. Completion is subject to TSX Venture Exchange approval.
More about Trench Solutions
Patterson Metals Corp. is a mineral exploration company focused on uranium, aiming to create shareholder value through engaging in promising mineral exploration opportunities. The company employs a vertically integrated strategy to advance projects from discovery to production, enhancing shareholder value throughout the mining process.
Average Trading Volume: 11,890
Technical Sentiment Signal: Sell
Current Market Cap: C$3.76M
See more insights into PAT stock on TipRanks’ Stock Analysis page.