TSX-V-listed Deep-South Resources will close the first tranche in a new non-brokered private placement, for an amount of $210 000.
The offering will comprise up to ten-million units for a total of up to $500 000.
This financing is subject to TSX-V approval.
The proceeds of the private placement will be used for further exploration on the projects in Zambia and for general working capital.
Deep-South Resources is a mineral exploration and development company.
Edited by: Chanel de Bruyn
Creamer Media Senior Deputy Editor Online
EMAIL THIS ARTICLE SAVE THIS ARTICLE ARTICLE ENQUIRY
To subscribe email email@example.com or click here
To advertise email firstname.lastname@example.org or click here