MONTREAL, Jan. 13, 2023 (GLOBE NEWSWIRE) -- Imperial Mining Group Ltd. (“Imperialˮ or the “Corporation”) (TSX VENTURE: IPG) announce the extension of the closing of the balance of its non-brokered private placement (the “Offering”), as previously announced on December 23, 2022, of shares on a “flow-through” basis at a price of $0.11 per share out of a maximum gross proceed of $500,000, and of units (each, a “Unit”) at a price of $0.09 per Unit out of a maximum gross proceed of $500,000. Under the first tranche of the Offering which closed on the same date, the Corporation was able to raise an aggregate gross proceed of $441,778.08 and the Offering is set for an aggregate gross proceed of a maximum of $1,000,000. The extension of the Offering is subject to the final approval of the TSX Venture Exchange.
Imperial Mining Announces Extension of the Private Placement of Units and Flow-Through Shares
Jan 13, 2023
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