Mr. Stephen Dunn reports
WESTERN TROY ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Western Troy Capital Resources Inc. has proposed a non-brokered private placement for aggregate gross proceeds of up to $500,000 composed of up to 3,333,333 units at a price of 15 cents per unit (each such unit being composed of one common share and one warrant). Each warrant will entitle the holder to purchase one common share for 20 cents at any time within 12 months after closing. All securities issued pursuant to this private placement will be subject to a four-month hold period. Completion of the offering is subject to receipt of all required regulatory and NEX approvals.
Closing is expected to occur after July 10, 2021. The proceeds of the private placement will be used for general working capital and to assist in conducting due diligence of potential business opportunities.
About Western Troy Capital Resources Inc.
Western Troy has been engaged in mineral exploration and mine development, as well as reviewing potential alternatives to enhance shareholder value.
We seek Safe Harbor.
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