Vertical Exploration Inc.: Vertical Announces Financing
VANCOUVER, BC / ACCESSWIRE / May 4, 2021 /
VERTICAL EXPLORATION INC. (TSXV:VERT) ("Vertical" or "the Company") announces that it has arranged a non-brokered private placement of up to 27 million shares at a price of $0.15 per share for aggregate gross proceeds of $4,050,000.00 (the "Offering").
Proceeds raised from the Offering will be used to advance the Company's St. Onge project in Quebec, for general working capital and unallocated funds as per Tier 2 status requirements.
Finders' fees may be payable on the private placement, subject to the policies of the TSX Venture Exchange.
This offering is subject to TSX Venture Exchange acceptance.