07:43:51 EDT Fri 20 Sep 2024
Enter Symbol
or Name
USA
CA



Exploits Discovery Corp
Symbol NFLD
Shares Issued 134,715,035
Close 2023-10-25 C$ 0.10
Market Cap C$ 13,471,504
Recent Sedar Documents

Exploits Discovery arranges $2-million financing

2023-10-25 20:59 ET - News Release

Mr. Jeff Swinoga reports

EXPLOITS ANNOUNCES $2 MILLION NON-BROKERED PRIVATE PLACEMENT OF FLOW-THROUGH SHARES

Exploits Discovery Corp. will conduct a non-brokered private placement of up to 18,181,818 flow-through (FT) common shares at a price of 11 cents per FT share for gross proceeds of up to $2.0-million.

The gross proceeds received by the company from the offering will be used to incur eligible Canadian exploration expenses (CEE) that are flow-through mining expenditures (as such term is defined in the Income Tax Act(Canada)) related to the company's mining projects.

In connection with the offering, the company may pay a finder's fee in respect of subscribers introduced to the company by an eligible finder.

All securities issued under the offering will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.

Completion of the offering remains subject to any required regulatory approvals.

About Exploits Discovery Corp.

Exploits is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland and Labrador, Canada. The company is focused on discovering high-grade structurally hosted epizonal gold similar to New Found Gold's success along the Appleton fault zone and parallel structures within the Exploits subzone.

Exploits is utilizing its experienced, talented local team and geologic understanding with the vision to become one of the most successful explorers in Canada.

We seek Safe Harbor.

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