Transactions
Peterson McVicar Acts for Euro Sun in First Tranche Private Placement Closing
On December 1, 2022 Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) announced that it has closed the first tranche (the “First Tranche”) of its previously announced non-brokered private placement financing (the “Offering”). An aggregate of 41,790,000 common shares (the “Common Shares”) were sold under the First Tranche at a price of C$0.05 per Common Share for aggregate gross proceeds of approximately C$2,089,500.
Euro Sun intends to use the proceeds of the Offering for general corporate purposes. All securities issued in connection with the Offering are subject to a statutory hold period of four-months and one day.
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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