trending Market Intelligence /marketintelligence/en/news-insights/trending/pelWEzjFzhTEkGBa0yy1bA2 content esgSubNav
In This List

Azimut Exploration to raise up to C$2.3M via private placement

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Podcast

Energy Evolution | Looking ahead to the energy transition in 2023

Video

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

Blog

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


Azimut Exploration to raise up to C$2.3M via private placement

AzimutExploration Inc. said July 11 that it intends to raise grossproceeds of up to C$2.3 million for exploration programs on its mineralproperties, business development and for general corporate purposes.

The company plans to sell up to 7,187,500 common shares at32 cents apiece in a nonbrokered private placement, with each share beingaccompanied by 0.5 of a warrant. Each whole warrant will entitle its holder tosubscribe for 1 Azimut common share at 45 cents per share over a 24-monthperiod.