ROUYN-NORANDA, Québec, Sept. 30, 2024 (GLOBE NEWSWIRE) — Radisson Mining Resources Inc. (TSX-V: RDS, OTCQB: RMRDF) (“Radisson” or the “Company”) is pleased to announce that, due to strong demand, including from existing shareholders and institutional investors, its previously announced private placement (the “Offering”), is now oversubscribed. The Company has elected to upsize the Offering for aggregate gross proceeds of C$ 6,000,000 with the proceeds directed towards advancing the exploration and development of the Company’s O’Brien Gold Project located in the Abitibi region of Québec.
The Offering will include the sale of the following securities (collectively, the “Securities”):
- Units of the Company (the “Units”) consisting of one Class A common share (“Common Share”) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant”) at a price of C$0.27 per Unit; each Warrant…
