Bathurst Metals Announces Financing
Gibson, British Columbia
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October 05, 2021 03:01 AM Eastern Daylight Time
Vancouver, British Columbia - TheNewswire - October 5, 2021 - Bathurst Metals Corp. (“Bathurst” or the “Company”) (TSXV:BMV) is pleased to announce the following undertakings to provide working capital.
The Company announces a non-brokered private placement financing of up to 3,000,000 units (the “Units”) of securities at a price of $0.10 per Unit for aggregate gross proceeds of up to $300,000.00 (the “Offering”). Each Unit will be comprised of one (1) common share and one (1) non-transferable common share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at a price of $0.15 for one year.
The private placement is subject to the approval of the TSX Venture Exchange. All securities issued will be subject to a four month hold period which will expire on the date that is four months and one day from the date of issue.
On behalf of the Board of Directors
Bathurst Metals Corp.
For more information contact Harold Forzley, Chief Executive Officer
Neither TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
