Saville Resources (TSE:SRE) has released an update.
Saville Resources Inc. has announced an expansion of its non-brokered private placement to raise up to $1,000,000 by offering 20,000,000 units at $0.05 each. Each unit includes a common share and a half warrant, which can be exercised at $0.075 per share within 12 months. The proceeds are intended for general corporate and working capital purposes, pending TSX Venture Exchange approval.
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