trending Market Intelligence /marketintelligence/en/news-insights/trending/b4-qbdD-ZPrdPMDCK_qRgA2 content esgSubNav
In This List

Metanor looking to raise C$5M to fund exploration

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Infographic: The Big Picture 2024 – Energy Transition Outlook

Case Study

An Oil and Gas Company's Roadmap for Strategic Insights in a Quickly Evolving Regulatory Landscape

Blog

Essential IR Insights Newsletter Fall - 2023


Metanor looking to raise C$5M to fund exploration

Metanor Resources Inc. struck a deal with Sprott Capital Partners, a lead agent acting on behalf of a syndicate of agents including Red Klondike Strike Inc., to raise about C$5.0 million via a private placement.

The company will issue up to 4,425,000 flow-through shares at C$1.13 apiece, according to a June 8 release.

The proceeds will be used to fund exploration of the company's properties as qualifying Canadian exploration expenses.

The financing is expected to close by June 29.