Home > Boards > Canadian > Mining/Resources > Ashburton Ventures Inc. New name PLAN - PROGRESSIVE PLANET SOLUTIONS INC (TSXV:PLAN)

Progressive Planet Solutions Inc. has arranged a non-brokered

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Sam Dan Member Level  Monday, 04/01/19 04:34:00 PM
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Progressive Planet Solutions Inc. has arranged a non-brokered private placement of up to eight million units at a price of five cents per unit for aggregate gross proceeds of $400,000.

Each unit comprises one common share and one common share purchase warrant of the company. Each warrant will entitle the holder to purchase one share at a price of 5.5 cents per warrant share for period of 12 months from the date of closing.

Finders' fees may be payable on the private placement, subject to the policies of the TSX Venture Exchange. This offering is subject to TSX-V acceptance.

Proceeds from the financing will be used for general corporate purposes.

Progressive Planet is a Canadian-based mineral exploration company with its flagship Z1 zeolite quarry in British Columbia and a 100-per-cent interest in the Buckingham graphite project in Quebec.


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