The private placement was oversubscribed by 1,193,647 units.
(CVE:ADD, OTCMKTS:ASDZF) has completed the second tranche of its previously announced non-brokered private placement.
In total, the two tranches raised C$1.05mln for the explorer of the Timantti and Diagras diamond projects in Finland.
The second tranche saw 1.99mln units issued at 17 cents a pop.
The company intends to use the proceeds from the private placement for exploration on the Timantti and Diagras diamond projects, and for general working capital.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Arctic Star Exploration Corp named herein, including the promotion by the Company of Arctic Star Exploration Corp in any Content on the Site,...
FOR OUR FULL DISCLAIMER CLICK HERE