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VANCOUVER, British Columbia, May 03, 2021 (GLOBE NEWSWIRE)
FAR Resources Ltd (CSE:FAT) (FSE:F0R) (OTC:FRRSF) (www.farresources.com) ( FAR Resources or the Company )
FAR Resources is pleased to announce that on April 29th, 2021, it closed a non-brokered private placement of $341,015.00 or 2,005,971 units at a price of 0.17 per unit (the units in accordance with the price protection filed with the Canadian Securities Exchange on March 15th, 2021). Each unit consists of one common share and one 18 months share purchase warrant. The warrant entitles the holder to purchase one common share, excisable at a price of 0.25 per share for 18 months from the date of issue. It expires November 3rd, 2022.