Gungnir Resources Announces $1-Million Strategic Investment From Altius Minerals, Including Equity Financing And Royalty Option On Nickel Assets
Round Type
Corporate Round
CanadaMiningMineralMining TechnologyDescription
SURREY, BC / March 18, 2022 / Gungnir Resources Inc. (TSXV:GUG)(OTC PINK:ASWRF) ("Gungnir" or the "Company") is pleased to announce that it has entered into an agreement with Altius Minerals Corporation (ALS: TSX; ATUSF: OTCQX) ("Altius") pursuant to which Altius has agreed to purchase 6,250,000 units of the Company (the "Units") at a price of $0.12 per Unit (the "Unit Price"), for total gross proceeds of $750,000. Each Unit will consist of one common share in the capital of the Company (each, a "Common Share") and one common share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder to acquire one Common Share (each, a "Warrant Share") at a price per Warrant Share of $0.18 per share for a period of 24 months from the closing
Who else raised in Mining and Mineral around the same time
Companies in the same sectors as Gungnir Resources that raised within 45 days of this round, from Fundz verified event records.
- i-80 Gold Corp. raised an undisclosed amount (Funding Round) on April 13, 2022.
- Silver Storm Mining raised $33K (Pre-Seed) on February 22, 2022.
- Rise Gold raised $1.1M (Seed) on February 11, 2022.
- Juno raised $3.9M (Seed) on April 26, 2022.
- Prospector Metals raised $724K on April 21, 2022.
- Patriot Battery Metals Inc. raised $40K (Pre-Seed) on April 5, 2022.
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