Venerable Ventures Secures $300K in Private Placement

Venerable Ventures (TSE:VLV) has released an update.

Venerable Ventures Ltd. has successfully completed a non-brokered private placement, raising $300,000 by issuing 6 million units at $0.05 each, with units comprising a share and a purchase warrant. The proceeds are slated for working capital and general corporate activities. Significant shareholder positions have changed as a result, with key investors Gordon Keep, Robert McLeod, and Ryan Weymark adjusting their stakes in the company.

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