Trench Metals Announces Private Placement

Investing News Network

July 10, 2023

(TheNewswire) Vancouver, Canada TheNewswire – July 10, 2023 Trench Metals Corp . (the " Company ") ( TSXV: TMC FWB: 33H2 ) is pleased to announce it will conduct a non-brokered private placement (the " Offering ") of up to 10,000,000 units of the Company (each, a " Unit ") at a price of $0.25 per Unit to raise gross proceeds of up to $2,500,000. Each Unit will consist of one common share of the Company and one common share purchase warrant (each, a " Warrant "). Each Warrant will entitle the holder to purchase one common share of the Company at a price of $0.30 at any time on or before the date which is twelve months after closing of the Offering.

The net proceeds raised from the Offering will be used to advance exploration work at the Higginson Lake Uranium Project, located in […]

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