Ridgeline Minerals Seeks $1.2M in Private Placement

Ridgeline Minerals Corp (TSE:RDG) has released an update.

Ridgeline Minerals Corp. has launched a non-brokered private placement aiming to raise $1.2 million by selling 10 million units at $0.12 each, with each unit comprising a share and a half-warrant. The funds are earmarked for the exploration of Nevada projects and general corporate purposes. The offering, which may pay finder’s fees and involves certain company insiders, is subject to regulatory approvals including the TSX Venture Exchange.

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