trending Market Intelligence /marketintelligence/en/news-insights/trending/l0ColkabUUiWwT4krnokww2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Lara Exploration ups private placement to C$3M from C$2M


Top electric vehicle markets dominate lithium-ion battery capacity growth


Message in a (Word)Cloud


Essential Metals & Mining Insights - January 2021

Industry Top Trends 2021: Metals and Mining

Lara Exploration ups private placement to C$3M from C$2M

LaraExploration Ltd. said July 11 that it has increased its expectedproceeds from its privateplacement to C$3 million from C$2 million due to investor demand.

The company will now issue 2.4 million units from theinitial 1.6 million units at C$1.25 each.

Each unit will consist of 1 common share and 0.5 of anontransferable common share purchase warrant. Each full warrant allows theholder to purchase an additional common share for C$1.85 valid for two years.

Proceeds from the private placement will be used to supportthe company's new business efforts and for general corporate purposes.