An anonymous director reports
TARGET METALS ANNOUNCES PRIVATE PLACEMENT
Target Metals Corp. has arranged a non-brokered private placement financing of up to one million shares in the capital of the company at a price of three cents per share, for gross proceeds of up to $30,000.
The proceeds from the offering shall be used for general working capital purposes. All securities issued in connection with the offering will be subject to applicable statutory hold periods in accordance with Canadian securities laws. The offering is subject to receipt of all necessary regulatory approvals, including approval of the Canadian Securities Exchange.
About Target Metals Corp.
Target Metals is a Canadian publicly listed company conducting exploration on its SAT property in British Columbia, Canada, and the ABE gold property in Colombia.
On April 18, 2022, Target commenced trading on the Canadian Securities Exchange as a national resource company engaged in primarily acquisition, exploration and, if warranted, development of mineral properties.
Target is managed by proven resource sector professionals with a record of advancing exploration projects from early stage through to production.
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