trending Market Intelligence /marketintelligence/en/news-insights/trending/xc3XXKRz9rEuRFS7QMU_yA2 content esgSubNav
In This List

Pure Energy raises C$6.2M in oversubscribed placement


Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage


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

Pure Energy raises C$6.2M in oversubscribed placement

Pure Energy MineralsLtd. said July 20 that it has raised about C$6.2 million after closinga previously announcedprivate placement.

The offering comprised 11,201,902 units at 55 cents apiece, includingthe full exercise of the overallotment option.

Each unit consists of 1 common share and 1 common share purchasewarrant. Each warrant, which expires in 36 months, can be exercised for 1 shareat 80 cents each.

Net proceeds will be put toward exploration and engineering workon the Clayton Valley Southlithium project in Nevada, and for working capital and general corporate purposes.