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Phenom Announces Second and Final Tranche Closing of $1,829,100 Over-Subscribed Non-Brokered Private Placement Financing

Vancouver, British Columbia--(Newsfile Corp. - November 10, 2022) - Phenom Resources Corp. (T...

articlePhenom Resources CorpNovember 10, 20223/company/phenom-resources-corp/news/phenom-announces-second-and-final-tranche-closing-of-dollar1829100-over-subscribed-non-brokered-private-placement-financing
Phenom Announces Second and Final Tranche Closing of $1,829,100 Over-Subscribed Non-Brokered Private Placement Financing

About this update from Phenom Resources Corp

[{"type":"text","content":"Phenom Announces Second and Final Tranche Closing of $1,829,100 Over-Subscribed Non-Brokered Private Placement FinancingVancouver, British Columbia--(Newsfile Corp. - November 10, 2022) - Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) (FSE: 1PY0) (\"Phenom\" or the \"Company\") announces further to its October 3, 2022 and October 21, 2022 news releases, it has now completed the second and final tranche (the \"Second Tranche\") of its over-subscribed non-brokered private placement (the \"Offering\"). Under the Second Tranche, the Company has issued 2,006,666 units for gross proceeds of $601,999.80. In connection with the Second Tranche, the Company paid a total of $8,700 as finder's fees. All securities issued under the Second Tranche are subject to a hold period expiring March 11, 2023, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.Together with the first tranche closing announced October 21, 2022, the Company has now raised a total of $1,829,100.This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the \"1933 Act\") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.About Phenom Resources Corp.Phenom (formerly First Vanadium Corp.) has a 100% interest in the Carlin Gold-Vanadium Project, located in Elko County, 6 miles south from the town of Carlin, Nevada and Highway I-80. The property lies in the southern parts of Carlin Gold Trend. The Carlin Gold-Vanadium Project also hosts the Carlin Vanadium deposit. ON BEHALF OF PHENOM RESOURCES CORP. per: \"Paul Cowley\" CEO & President(604) 340-7711 [email protected] www.phenomresources.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-looking information Certain statements in this news release constitute \"forward-looking\" statements. These statements relate to ...

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