CALGARY, Alberta, July 13, 2021 (GLOBE NEWSWIRE)
International Frontier Resources Corporation (“IFR” or the “Company”) (TSX-V: IFR) (OTCQB: IFRTF) is pleased to announce that it has closed a second and final tranche of its previously announced non-brokered private placement financing (see news releases dated May 10, 2021 and June 14, 2021). The Company has issued 9,285,500 shares at a price of $0.025 per common share for aggregate gross proceeds of $232,138. With the closing of the second tranche, the Company has raised a total of $1,000,000. The private placement is subject to final acceptance from the TSX Venture Exchange. The net proceeds from the Common Share Offering will be used for general working capital purposes. The common
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IMC International Mining Corp Announces Closing of Second and Final Tranche of Private Placement
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IMC International Mining Corp. Announces Closing of Second and Final Tranche of Private Placement
VANCOUVER, BC / ACCESSWIRE / May 19, 2021 / IMC International Mining Corp. (CSE:IMCX) (OTCQB:IMIMF) (FRA:3MX) (
IMC or the
Company ) is pleased to announce that it has closed the second and final tranche of a non-brokered private placement offering (the
Offering ) issuing an aggregate of 2,386,870 flow-through units (
FT Units ) at $0.20 per FT Unit and 5,176,366 units (
Units ) at $0.15 per Unit for gross proceeds of $1,253,828.90.
The Company raised gross proceeds of $2,676,452 between the first and second tranches of the financing. IMC will provide additional updates in the immediate future regarding its drilling and exploration program for 2021.