VANCOUVER, BC, March 13, 2024 /CNW/ – Kootenay Resources Inc. (the “Company” or “Kootenay”) announces subject to financing it has received conditional Toronto Stock Exchange Venture (“TSXV”) listing approval subject to meeting minimum listing requirements and that it is conducting private placement of shares and special warrants to complete its listing requirements
Upon receipt of final listing on the TSXV, the Company’s shares will begin trading on the TSXV with minimum funding of $482,000 to be raised. Certain funds from the special warrants, related to non-Canadian investors will be held in escrow until the Company raises the required minimum of $482,000 Canadian and receives listing approval.
The Private Placement will consist of a combination of non-flow-through and flow-through common shares totalling gross proceeds of $500,000. The financing will consist of a mix of shares and special warrants at a price of $0.10 per share…
