Mr. Paul Gray reports
ZADAR ARRANGES $2M STRATEGIC NON-BROKERED PRIVATE PLACEMENT
Zadar Ventures Ltd. has arranged a $2,003,680 non-brokered private placement. The company will issue 20,036,800 million units at 10 cents per unit. Each unit will consist of one common share and one 20-cent share purchase warrant for a period of two years. The proceeds will be used for exploration on its lithium projects and for general working capital.
All securities issued under the offering are subject to a hold period of four months plus one day in accordance with applicable securities laws.
There is a finder's fee payable in accordance with TSX Venture Exchange guidelines.
Zadar Ventures is a resource company focused on the acquisition and exploration of economically viable green energy resources in jurisdictions favourable to mining and industry. The company's flagship Clayton Valley project is located directly adjacent to the Albemarle Silver Peak lithium project, which contains North America's only producing lithium mine.
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