Vancouver, British Columbia–(Newsfile Corp. – February 13, 2025) – Phenom Resources Corp. (TSXV: PHNM) (OTCQX: PHNMF) (FSE: 1PY0) (“Phenom” or the “Company“) announces that it has closed on a first tranche (“First Tranche“) of its non-brokered private placement (the “Offering“) previously announced on January 31, as updated February 4, 2025. In this First Tranche, the Company has issued 6,478,000 Units (the “Units“) at a price of $0.25/Unit for gross proceeds of $1,619,500. In connection with the First Tranche, the Company paid a total of $7,450 as finder’s fees.
Each Unit comprises one common share in the capital of the Company (“Share“) and one transferable Share purchase warrant of the Company (“Warrant“), whereby each Warrant entitles the holder thereof to purchase one additional Share (“Warrant Share“) at an exercise price of $0.35 at any time before 5:00 p.m. (Vancouver time) on February 13, 2028, being the third anniversary…
