It will issue over 9.75mln units at 13.5 cents each, with each unit consisting of one share and one-half a share purchase warrant.
Mundoro Capital Inc () is set to raise around C$1.31mln via a private placing after it adjusted the terms.
It will issue over 9.75mln units at 13.5 cents each, with each unit consisting of one share and one-half a share purchase warrant, with each full warrant exercisable to acquire a share at 20 cents each for two years.
Closing of the placing is expected to occur on November 30 this year and Mundoro expects to use the gross proceeds toward project exploration, project acquisitions, and corporate general and administrative expenses.
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