Peterson McVicar Acts for Euro Sun in $2.365 Million Private Placement
On November 11, 2022 Euro Sun Mining Inc. (“Euro Sun” or the “Company”) announced that it intends to complete a non-brokered private placement financing of up to 47,300,000 common shares of the Company (the “Common Shares”) at a price of C$0.05 per Common Share for gross proceeds of up to C$2,365,000 (the “Offering”).
Closing of the full Offering is expected to occur on or about November 18, 2022. Euro Sun intends to use the proceeds of the Offering for general corporate purposes.
Euro Sun (TSX: ESM) is a Toronto Stock Exchange listed mining company focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania, which hosts the second largest gold deposit in Europe.
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