Southstone Minerals Limited (TSE:SML) has released an update.
Southstone Minerals Limited has announced an extension of its non-brokered private placement, aiming to raise up to C$500,000 by offering 10 million units at C$0.05 each. These funds are intended for exploration activities on underdeveloped sections of the Oena Mining License and for general working capital. The placement includes common shares and warrants with an exercise price of C$0.10 and a potential acceleration clause.
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