Round Type
Funding Round
TorontoMiningMineralDescription
MacDonald Mines Exploration Ltd. (TSXV:BMK) (“MacDonald Mines” or the “Company”), further to its press release of October 12, 2022, wishes to clarify that the $1.5m non-brokered financing (the “Offering”) will consist of (i) up to a maximum of up to $500,000 of units (the “Units”) at a price of $0.10 per Unit, and (ii) up to $1,000,000 of Class A common shares (the “FT Shares”), each such share qualifying as a “flow-through share” within the meaning of the Income Tax Act (Canada), at a price of $0.13 per FT Share. Each Unit will consist of one Class A common share (a “Common Share”) in the capital of the Company and one-half (1/2) of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”) of the Company. Each Warrant shall be exercisable to acquire one Common Share at a price of C$0.15 per share for a period of 24 months from the closing date of the Offering
Quick answer
MacDonald Mines Exploration raised an undisclosed amount in a Funding Round round, dated October 12, 2022. MacDonald Mines Exploration is based in Toronto, Ontario, Canada.
- How much did MacDonald Mines Exploration raise?
- MacDonald Mines Exploration raised an undisclosed amount in a Funding Round round on October 12, 2022.
- What does MacDonald Mines Exploration do?
- MacDonald Mines Exploration Ltd. is a Canadian precious metals explorer headquartered in Toronto, Canada and primarily involved in the identification, acquisition and development of properties in Ontario, Canada.
- Where is MacDonald Mines Exploration based and how big is it?
- MacDonald Mines Exploration is based in Toronto, Ontario, Canada.
Source: Fundz verified event record.
Who else raised in Mining and Mineral around the same time
Companies in the same sectors as MacDonald Mines Exploration that raised within 45 days of this round, from Fundz verified event records.
- Power Nickel raised $4M (Seed) on November 22, 2022.
- Arras Minerals raised $741K (Seed) on November 22, 2022.
- Aftermath Silver raised $108K (Pre-Seed) on November 21, 2022.
- Riley Gold Corp raised $2.6M (Seed) on November 21, 2022.
- Falcon Copper raised $868K on November 18, 2022.
- Vizsla Silver Corp raised $7.6M on November 15, 2022.
Who to call at MacDonald Mines Exploration, and when
A new round usually means MacDonald Mines Exploration is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day MacDonald Mines Exploration raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at MacDonald Mines Exploration, from your own LinkedIn network
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Fundz sees it the moment MacDonald Mines Exploration raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
MacDonald Mines Exploration raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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