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ATAC Resources Ltd. Announces C$2M Private Placements

ATAC Resources Ltd. Announces C$2M Private Placements Canada NewsWire ...

articleAterra Metals Inc.June 3, 20213/company/aterra-metals-inc/news/atac-resources-ltd-announces-cdollar2m-private-placements
ATAC Resources Ltd. Announces C$2M Private Placements

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[{"type":"text","content":"\n \n \n \n ATAC Resources Ltd. Announces C$2M Private Placements\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n June 3, 2021\n \n /CNW/ - ATAC Resources Ltd. (TSXV: ATC) (\"ATAC\" or the \"Company\") announces the following non-brokered private placements (the \"Offering\"):\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n (a)\n \n \n \n \n \n \n up to $1,505,000 by the sale of up to 8,600,000 units at a price of $0.175 per unit, each unit to consist of one common share and one-half (1/2) of a share purchase warrant, with each whole warrant to entitle the holder to purchase one additional common share at a price of $0.24 for a period of three years from closing; and\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n (b)\n \n \n \n \n \n \n up to $504,000 by the sale of up to 2,400,000 flow-through units at a price of $0.21 per flow-through unit, each flow-through unit to consist of one flow-through common share and one-half (1/2) of a share purchase warrant, with each whole warrant to entitle the holder to purchase one additional common share at a price of $0.24 for a period of three years from closing.\n \n \n \n \n \n \n \n \"With the receipt of excellent prospecting results from last month's exploration program at our\n \n East Goldfield\n \n project in\n \n Nevada\n \n , we want to ensure we have the necessary funds to expand our\n \n 4,000 m\n \n drill program as results warrant,\" commented\n \n Graham Downs\n \n , ATAC's President and CEO. \"The additional flow-through funds also give us the ability to expand the upcoming program at our road accessible Connaught Property in\n \n Yukon\n \n , which hosts a compelling ...

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