Baroyeca Seeks Funding with Private Placement

Baroyeca Gold & Silver (TSE:BGS) has released an update.

Baroyeca Gold & Silver Inc. has launched a non-brokered private placement aiming to raise $400,000 through the issuance of 1.6 million units at $0.025 each, with attached warrants to buy additional shares at $0.05 for five years. The funds raised are intended for working capital and general corporate purposes, subject to TSX Venture Exchange approval and a statutory hold period. The offering may also include finder’s fees payable in cash or warrants.

For further insights into TSE:BGS stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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