Welcome to Armory Mining Corp.
Armory Mining Corp. is excited to announce the successful closing of its non-brokered private placement offering. The Company issued over 5 million common shares at a price of $0.135 per share, resulting in gross proceeds of $677,175. Additionally, cash finder’s fees were paid, finder’s warrants were issued, and finder’s shares were distributed to eligible arm’s length finders.
What Does This Mean for You?
As an investor or potential investor, this news signifies a positive step for Armory Mining Corp. The successful completion of the private placement offering indicates growing interest and support for the Company’s operations and future projects. This may potentially lead to increased shareholder value and growth opportunities.
How Will This Impact the World?
From a broader perspective, the success of Armory Mining Corp.’s private placement offering could have ripple effects on the mining industry as a whole. Positive developments within individual companies often contribute to the overall health and growth of the sector, attracting more investments and fostering innovation and development.
Conclusion
In conclusion, the closing of Armory Mining Corp.’s private placement offering signals a promising start to the year. With increased financial resources and investor confidence, the Company is well-positioned to pursue its strategic goals and contribute to the ongoing growth and development of the mining industry.