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KORE announces private placement, board change
2025-10-21 05:26
- KORE Mining Ltd. (TSXV: KORE) said it plans to raise up to C$4 million through a non-brokered private placement of up to 33.3 million units priced at C$0.12 each.
- Each unit will include one common share and one warrant exercisable at C$0.16 for 36 months.
- Proceeds will fund permitting and exploration at the company’s California properties and for working capital.
- The offering, expected to close in early November, remains subject to TSX Venture Exchange approval.
- KORE also said director Jay Sujir has resigned from the board effective October 17 and will continue to serve as an advisor.
- KORED closed -3.42% at $0.1439.
- Source: Press Release
More on KORE Mining Ltd.
- Financial information for KORE Mining Ltd.
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