Brionor Resources Inc. (TSX VENTURE: BNR) (the "Corporation") is arranging a non-brokered private placement offering of up to 6,000,000 units (the "Units") at a price of $0.10 for gross proceeds of up to $600,000 (the "Offering").

Each Unit will consist of one (1) common share of the Corporation and one (1) common share purchase warrant entitling the holder to acquire one (1) additional common share of the Corporation at a price of $0.15 for a period of twenty-four (24) months following the closing of the Offering.

All securities issued in connection with the Offering will be subject to a four month hold period from the closing of the Offering. The non-brokered private placement is subject to regulatory approval.

The funds raised pursuant to the Offering will be used to fund the Corporation's general working capital and exploration activities. Directors and Officers of the Corporation are expected to participate in the Offering for a total amount exceeding 25 % of the gross proceeds.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

Contacts: Robert Ayotte President 450-441-9177

Brionor Resources Inc. (TSXV:BNR)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024 Plus de graphiques de la Bourse Brionor Resources Inc.
Brionor Resources Inc. (TSXV:BNR)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024 Plus de graphiques de la Bourse Brionor Resources Inc.