VR Resources (TSE:VRR) has released an update.
VR Resources Ltd. has upscaled its private placement from $500,000 to $900,000 to support its upcoming exploration programs and for general working capital. The company plans to allocate the proceeds towards its New Boston property’s drill program in Nevada, following a recent sale of its Hecla-Kilmer property. The offer consists of units priced at $0.15, including common shares and warrants, with the closing expected by March 28, 2024.
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