09:55:12 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Rainy Mountain Royalty Corp (2)
Symbol RMO
Shares Issued 14,410,293
Close 2015-10-06 C$ 0.025
Market Cap C$ 360,257
Recent Sedar Documents

Rainy Mountain delays $250,000 private placement

2015-10-07 14:07 ET - News Release

Mr. Clive Shallow reports

RAINY MOUNTAIN DELAYS NON-BROKERED PRIVATE PLACEMENT

By news release dated Sept. 2, 2015, Rainy Mountain Royalty Corp., subject to regulartory approval, intended to proceed with a non-brokered private placement to raise up to $250,000 by the issuance of five million non-flow-through units at five cents per unit. The company is currently investigating and pursuing certain copper exploration properties (with silver and gold byproducts) in Namibia, however as yet, the company has not finalized this anticipated exploration property acquisition/option. Therefore, the company has determined that it will delay the previously announced private placement until further progress with the Namibia property option has been achieved. Accordingly, the company intends to reannounce its private placement in near future.

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