view92 Resources Corp

92 Resources closes on private placement financing for $618,000

The company intends to use the proceeds on advancing existing Quebec properties

Power plants
The company focuses on acquiring and advancing strategic and prospective modern energy-related projects

92 Resources Corp (CVE:NTY) announced it has closed a non-brokered private placement financing for $618,000.

The Vancouver-based company has allotted and issued 12.36 million units at a price of C$0.05 per unit.

Each unit comprises one flow-through common share and one-half of one non-transferable share purchase warrant, with each whole warrant entitling the holder to purchase one non-flow-through common share of the company for a period of up to 36 months at a price of C$0.10.

BIG PICTURE: 92 Resources is building a highly attractive portfolio of energy-related projects in mining-friendly jurisdictions

The company intends to use the proceeds from the private placement on advancing its existing Quebec properties.

92 Resources focuses on acquiring and advancing strategic and prospective modern energy-related projects.

The company has an option agreement to acquire 100% interests in the Pontax lithium property consisting of 104 mineral claims covering an area of about 5,500 hectares (13,500 acres) near Eastmain, Quebec.


Contact Rene Pastor at rene.pastor@proactiveinvestors.com

Quick facts: 92 Resources Corp

Price: - CAD

Market: TSX-V
Market Cap: -

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


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...


Cabral Gold adds 2nd drill rig as company identifies new high-grade veins

Cabral Gold (CVE: CBR-OTC: CBGZF) CEO Alan Carter joined Steve Darling from Proactive Vancouver with news the company has identified at least six new NE trending high-grade veins in the Machichie SW area located immediately north of the MG deposit. Carter telling Proactive what had led them...

8 hours, 32 minutes ago

2 min read