trending Market Intelligence /marketintelligence/en/news-insights/trending/eusWiSSJJREMCLSCyQBSVw2 content esgSubNav
In This List

Komet Resources raises C$4.7M via private placement


Path to Net-Zero: How are mining companies tracking?


The Big Picture for 2023: Will Economies See Relief from Knock-on Effects of Russia-Ukraine Conflict?

Case Study

Quantifying the Mining Sector's Equipment & Service needs for Business Development & Resource Allocation Strategy


Expand Your Perspective: Where to Turn in the Face of Shifting ESG Optimization Techniques

Komet Resources raises C$4.7M via private placement

KometResources Inc. said July 18 that it has raised approximately C$4.7million by issuing 13,129,567 common shares at 36 cents each in a nonbrokeredprivate placement.

Top Premier SA and Dynamics Management SA took part in theoffering. The subscribers have certain preemptive rights to participate infuture equity and equity-linked financings to maintain their respective shareinterests and may opt to nominate a person to the company's board.

Komet will use the proceeds to fund the acquisition ofproduction main equipment and exploration work on its properties.