Tower Resources (TSE:TWR) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Tower Resources Ltd. is set to raise $500,000 through a non-brokered private placement, split between a flow-through offering and a unit offering, aimed at funding exploration expenses and general working capital. The company plans to issue up to 3 million units at $0.10 each and up to 1.54 million flow-through units at $0.13 each, with both offerings including common shares and warrants. Proceeds will support a spring drill program on Tower’s key exploration projects in British Columbia.
For further insights into TSE:TWR stock, check out TipRanks’ Stock Analysis page.