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Greenridge Exploration raises $3.0m financing from Southeast Asian conglomerate
Greenridge Exploration enters into a purchase agreement for $3.0 million; 13,111,888 units are issued at $0.2288 per unit, each unit comprising one common share and one-half of a warrant. Warrants are exercisable for 36 months (exercise price $0.34) with an acceleration clause if the volume-weighted average price ≥ $0.50; the investor holds about 17.17% undiluted after closing and receives pro rata participation and certain nomination rights. Net proceeds are intended for working capital and general corporate purposes; closing is expected in Q3 2026 subject to regulatory approvals; issued securities are subject to a statutory hold period of four months and one day. » Más en de.investing.com
Greenridge Exploration secures private placement of CAD 3.0 million from Southeast Asian conglomerate
Greenridge Exploration completed a non‑brokered private placement of CAD 3.0 million: the Southeast Asian conglomerate acquires 13,111,888 units at CAD 0.2288 per unit, holding approximately 17.17% on an undiluted basis. Each unit consists of one common share and one-half warrant; one full warrant entitles the holder to purchase one share at CAD 0.34 within 36 months. The investor receives pro rata participation rights in future financing rounds and certain board observer rights, subject to regulatory and corporate approvals. Greenridge will use the net proceeds for working capital and general corporate purposes; the company is focused on critical minerals projects in Canada. » Más en de.investing.com
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| Bolsa | Símbolo |
|---|---|
Frankfurt | HW3.F |
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