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Conquest Resources Limited: Conquest Closes Private Placement
Toronto, Ontario (Newsfile Corp. - December 17, 2020) -
Conquest Resources Limited (TSXV: CQR) is pleased to announce that it has closed the final tranche of its previously announced $850,000 non-brokered private placement flow-through financing.
Conquest today closed the final tranche of the financing involving the placement of 2,325,000 shares at a subscription price of $0.20 per share, to raise gross proceeds of $465,000. Total proceeds raised in the financing was $850,000.
The gross proceeds of the flow through share financing will be used to incur qualifying Canadian exploration expenses , within the meaning of the Income Tax Act (Canada), for drilling and other exploration programs at the Company s Golden Rose and Belfast Project properties in Ontario. ....

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