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Talisker Resources Announces Private Placement of up to $2 Million
TORONTO, July 29, 2024 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK, OTCQX: TSKFF) is pleased to announce a non-brokered
About this update from Talisker Resources Ltd.
[{"type":"text","content":" TORONTO, July 29, 2024 (GLOBE NEWSWIRE) -- Talisker Resources Ltd. (“Talisker” or the “Company”) (TSX: TSK, OTCQX: TSKFF) is pleased to announce a non-brokered private placement (the “Offering”) of up to 5,000,000 units of the Company (“Units”) at a price of $0.40 (the “Issue Price”) for aggregate gross proceeds of up to approximately $2 million. All amounts are in Canadian dollars unless otherwise noted. Each Unit will consist of one common share of the Company (each, a “Common Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of $0.60 for a period of 24 months after the completion of the Offering. The Company intends to use the net proceeds from the Offering for working capital and general corporate purposes. In connection with the Offering, the Company anticipates paying finder’s fees in an amount equal to 6% of the gross proceeds of the Offering, and issuing finder’s warrants equal to 6% of the number of Units sold under the Offering, with each finder’s warrant exercisable into one Common Share at the Issue Price for a period of 24 months following the completion of the Offering. The Offering is scheduled to close on or about August 8, 2024 and is subject to customary conditions, including the receipt of all necessary regulatory approvals (including the approval of the Toronto Stock Exchange). This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the 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. For further information, please contact: Terry HarbortPresident and [email protected]+1 416 357 0227 Matt FilgateVice President, Corporate [email protected]+1 778 679 3579 About Talisker Resources Ltd. Talisker (taliskerresources.com) is a junior resource company involved in the exploration and development of gold projects in British Columb...