Vizsla Copper Corp (TSE:VCU) has released an update.
Vizsla Copper Corp. is set to raise $1.5 million through a non-brokered private placement of over 23 million units, priced at $0.065 each, with the inclusion of common shares and warrants. The proceeds are earmarked for exploration and working capital, with an anticipated closing date of April 4, 2024, subject to regulatory approval. The offering is available to current shareholders, with certain conditions, and will not be registered under the U.S. Securities Act, implying a limitation on U.S. sales.
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