The Offering consisted of the sale of 2,000,667 units of the Company (the 'Units') at a price of
Each Unit consists of one common share of the Company (each, a 'Share') and one-half of one warrant (each whole warrant, a 'Warrant'). Each Warrant entitles the holder thereof to acquire one Share at the price of
The Company intends to use the proceeds from the Offering to finance its continued exploration program in the
In connection with the closing, Barsele will pay finder's fees of
ABOUT
Barsele is a Canadian-based junior exploration company managed by the
Contact:
Tel: 604-687-8566
FORWARD-LOOKING STATEMENTS
This news release may contain forward-looking statements, including statements with respect to use of proceeds of the Offering and payment for finder's fees. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Such factors include, among other things: risks and uncertainties relating to exploration and development, the ability of the Company to obtain additional financing, the need to comply with environmental and governmental regulations, fluctuations in the prices of commodities, operating hazards and risks, competition and other risks and uncertainties, including those described in the Company's financial statements, management discussion and analysis and/or annual information form available on www.sedarplus.com. The risk factors identified in such documents are not intended to represent a complete list of factors that could affect the Company. Actual results may differ materially from those currently anticipated in such statements and the Company undertakes no obligation to update such statements, except as required by law.
(C) 2023 Electronic News Publishing, source