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Kincora Copper amends terms of C$2M placement
Industry Top Trends 2021: Metals and Mining
Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019
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Kincora CopperLtd. said July 18 that it plans to amend the terms of itspreviously announced nonbrokered private placement to raise C$2 million.
The company will now offer 6,666,667 shares at 30 centsapiece as compared to previously 5,333,333 shares at 37.5 cents each, on1-for-10 post consolidation basis.
The company holds 314,124,452 shares issued and outstanding,which will be reduced to 31,412,445 shares following the consolidation.