TinOne Completes $750K Financing for Future Growth
Company Announcements

TinOne Completes $750K Financing for Future Growth

TINONE RESOURCES INC (TSE:TORC) has released an update.

TinOne Resources Inc. has successfully completed its final round of private placement financing, securing $750,000 by issuing 750 convertible debt units. These units include 10% unsecured convertible debentures and share purchase warrants, with the funds earmarked for exploration drilling, working capital, and general corporate endeavors. The financing arrangement allows for both interest payment in cash or shares and conversion of the debentures into common shares before the maturity date.

For further insights into TSE:TORC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskTinOne Resources Unveils Promising Tin Drilling Results
TipRanks Canadian Auto-Generated NewsdeskTinOne Resources Settles Debt with Equity
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App