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Aggregate|Exploration|Projects|Resources
Aggregate|Exploration|Projects|Resources
aggregate|exploration|projects|resources

Deep-South closes $695 000 tranche of nonbrokered private placement

15th February 2023

By: Tasneem Bulbulia

Deputy Editor Online

     

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TSX-V-listed Deep-South Resources has closed the second and final tranche of its previously announced nonbrokered private placement.

In the first tranche, 4.2-million units were issued at a price of $0.05 to raise $210 000.

The second tranche resulted in the issuing of 9.7-million units at a price of $0.05 for aggregate gross proceeds of $695 000.

The proceeds of the private placement will be used for further exploration at the company’s projects in Zambia and for general working capital.

Deep-South Resources is a mineral exploration and development company.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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