Tarku Closes $740,000 Private Placement Financing And Will Start Drilling On Apollo, Quebec

Sep 09, 2022•almost 3 years ago

Amount Raised

$740,000

Round Type

seed

MontrealSustainability

Description

MONTREAL, QC / September 9, 2022 / Tarku Resources Ltd (TSXV:TKU - FRA:7TK - OTCQB:TRKUF) (the "Company" or "Tarku") announces that it has closed on September 9, 2022, a non-brokered private placement (the "Private Placement") for aggregate gross proceeds of $740,000. This Private Placement is comprised of 7,400,000 Flow-Through Shares of the Company at a price of $0.10 per share.

Company Information

Company

Tarku Resources Ltd. (TSX.V

Location

Montreal, Quebec, Canada

About

Tarku is an exploration company focused on new discoveries in favourable mining jurisdictions such as Quebec and Arizona. In Arizona, in the famous Tombstone District, Tarku owns 100% of 29 km2 of the Silver Strike Project, which has been interpreted by management as similar to what is found at the Hermosa Project, located 80km west in Santa Cruz County, Arizona, which South32 acquired for USD 1.8 billion in 2018. In Quebec, Tarku owns 100% of the "Three A's" exploration projects, (Apollo, Admiral and Atlas Projects), in the Matagami Greenstone Belt, which has been interpreted by management as the eastern extension of the Detour Belt, and which has seen recent exploration successes by Midland Exploration Inc., Wallbridge Mining Company Ltd., Probe Metals Inc. On behalf of Tarku Resources Ltd

Related People

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech