Atco Mining Closes Private Placement for $894,500
(via TheNewswire)
Vancouver, British Columbia / TheNewswire / March 18, 2024 – Atco Mining Inc. (the “Company” or “Atco“) (CSE: ATCM; OTC: ATMGF; Frankfurt: QP9) is pleased to announce that it has closed a first tranche of its non-brokered private placement (the “Offering“) and has issued 6,200,000 flow-through units (each, a “FT Unit“) at a price of $0.0575 per FT Unit and 10,760,000 non-flow-through units (each, a “NFT Unit“) at a price of $0.05 per NFT Unit (together, the “Units“) for gross proceeds of $894,500. Each Unit consists of one common share of the Company (each, a “Share“) and one transferable common share purchase warrant (each, a “Warrant“), entitling the holder thereof to purchase one additional Share at a price of $0.15 until March 18, 2026.
The Company intends to u...