Business
Ridgeline Minerals Announces Non-Brokered Private Placement
All dollars are Canadian unless otherwise noted Vancouver, British Columbia--(Newsfile Corp. -...
About this update from Ridgeline Minerals Corp
[{"type":"text","content":"Ridgeline Minerals Announces Non-Brokered Private PlacementAll dollars are Canadian unless otherwise notedVancouver, British Columbia--(Newsfile Corp. - March 18, 2025) - Ridgeline Minerals Corp. (TSXV: RDG) (OTCQB: RDGMF) (FSE: 0GC0) (\"Ridgeline\" or the \"Company\") is pleased to announce subject to TSX Venture Exchange (\"Exchange\") acceptance will complete a non-brokered private placement (the \"Private Placement\") for gross proceeds of $500,020 through the sale of 2,174,000 common shares ( each a \"Share\") at the price of $0.23 per Share.The proceeds from the sale of the Private Placement will be used to fund exploration activities at the Company's Nevada projects and for general working capital. All securities to be issued in the Private Placement will be subject to a four month plus one day hold period from the closing date under applicable securities laws in Canada. There are no finders fees payable in connection with the Private Placement. The Company anticipates closing of the Private Placement as soon as practicable pursuant to Exchange acceptance.This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.About Ridgeline Minerals Corp.Ridgeline Minerals is a discovery focused precious and base metal explorer with a proven management team and a 200 km2 exploration portfolio across seven projects in Nevada, USA. The Company is a hybrid explorer with a mix of 100%-owned exploration assets (Big Blue, Atlas, Bell Creek & Coyote) as well as two earn-in exploration agreements with Nevada Gold Mines at its Swift and Black Ridge projects and a third earn-in with South32 at its Selena project. More information about Ridgeline can be found at www.ridgelineminerals.com.On behalf of the Board \"Chad Peters\" President & CEOFurther Information:Chad Peters, P.Geo. President, CEO & Director Ridgeline Minerals Corp.+1 775 304 [email protected] the TS...