Mr. Kyler Hardy reports
EQUITAS RESOURCES CORP. CLOSES NON FLOW-THROUGH PRIVATE PLACEMENT
Equitas Resources Corp. has closed a non-brokered private placement previously announced on Feb. 18, 2015. The company has issued 5,693,333 units at six cents per unit for gross proceeds of $341,600. Each unit consists of one common share and one share purchase warrant exercisable at 10 cents per warrant share for 24 months from closing.
The proceeds received from the financing will be used by the company for further exploration expenses on the Garland nickel project, corporate development and general and administrative purposes.
The company has extinguished debt of $100,000 by the issuance of 833,333 common shares at a deemed price of six cents per common share to a related party.
All securities hereunder are subject to a four-month-and-a-day hold from the closing date.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.