InZinc Mining Ltd.: InZinc Announces Closing of Private Placement for Total Gross Proceeds of $200,000
Vancouver, British Columbia (Newsfile Corp. - February 18, 2021) -
InZinc Mining Ltd.
Closing ) of its non-brokered private placement (the
Private Placement for gross proceeds of $199,999.95. The offering, previously announced in InZinc s news release dated February 4, 2021 consisted of 6,666,665 units (the
Units ) at a price of $0.03 per Unit, each Unit consisting of one common share (a
Common Share ) of the Company and one-half of one common share purchase warrant (a
Warrant ). Each full Warrant entitles its holder to acquire one Common Share at an exercise price of $0.06 for a period of 24 months from the Closing.