4 Dec 2023capital raising announcement▼ BadMajor
Raised C$2.77 million in two concurrent private placements, issuing 25,000,000 shares and 4,807,693 five-year warrants at C$0.08: 15,384,615 flow-through shares at C$0.13 and 9,615,385 non-flow-through units at C$0.08 for C$769,231. Pricing at eight cents, and creating a new insider in the process, is what corporate-level funding costs Amarc even while Freeport and Boliden pay for the drilling.