Private placement12 Mar 2025 20:50
No RNS yet but from the ceo.ca board: https://ceo.ca/@accesswire/orosur-mining-inc-announces-private-placement-for-gross
best efforts private placement (the "Marketed Offering") for aggregate gross proceeds of up to C$5,000,000 from the sale of up to 29,411,764 units of the Company (the "Units") at a price of C$0.17 per Unit (the "Offering Price").
Each Unit will consist of one common share of the Company (each, a "Unit Share") and one half of one common share purchase warrant (each whole warrant, a "Warrant"). Each whole Warrant shall entitle the holder to purchase one common share of the Company (each, a "Warrant Share") at a price of C$0.25 at any time on or before that date which is 24 months after the Closing Date (as herein defined).
The Agent will have an option, exercisable in full or in part, up to 48 hours prior to the Closing Date, to sell up to an additional 5,882,353 Units at the Offering Price for up to an additional C$1,000,000 in gross proceeds (the "Agent's Option", and together with the Marketed Offering, the "Offering").