Victory Mountain Ventures Ltd. (VMV.V) has arranged a non-brokered private placement of up to 5 million units for total proceeds of up to $250,000; subject to the approval of the TSX Venture Exchange.
Up to 5 million units will be issued as non flow-through units at a price of $0.05 per unit consisting of one common share and one whole warrant. Each whole warrant will entitle the holder to purchase one additional common share of the company at a price of $0.10 per share for 18 months from the date of closing.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
