06:47:33 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Tesoro Minerals Corp
Symbol TES
Shares Issued 99,017,549
Close 2024-02-13 C$ 0.02
Market Cap C$ 1,980,351
Recent Sedar Documents

Tesoro Minerals arranges $300,000 private placement

2024-02-13 17:19 ET - News Release

Mr. Scott McLean reports

TESORO MINERALS ANNOUNCES A $300,000 PRIVATE PLACEMENT

Tesoro Minerals Corp. intends to complete a non-brokered private placement for gross proceeds of up to $300,000 through the sale of up to 15 million common shares at a price of two cents per share. The shares will be subject to a four-month restricted resale period in accordance with the policies of the TSX Venture Exchange and applicable securities laws.

Finders' fees may be payable in cash of up to 6 per cent of the proceeds of the private placement in accordance with TSX-V policies.

Closing of the private placement is subject to certain customary conditions, including the receipt of TSX-V approval. The net proceeds of the offering are expected to be used by Tesoro for general working capital and operating expenses to support business efforts.

About Tesoro Minerals Corp.

The company has assembled a team of experienced geoscientists with extensive exploration experience in the Americas to acquire further assets.

We seek Safe Harbor.

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