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Financings

Medaro Mining arranges $325,000 private placement

By The Northwire Desk — AI Analysis Oct 30, 2025 · 16:55 MEDA · 0.215 Medaro Mining Corp
MEDA · Price

Executive Summary

  • Medaro Mining Corp. announced a non‑brokered private placement of up to 4,062,500 common shares at $0.08 per share, targeting gross proceeds of up to $325,000.
  • All issued securities will be subject to a statutory hold period of four months plus one day.
  • Net proceeds are earmarked for potential acquisitions and working capital.

Key Details

  • Offering size: Up to 4,062,500 common shares.
  • Price per share: $0.08 CAD.
  • Maximum gross proceeds: $325,000 CAD.
  • Hold period: Statutory hold of four months plus one day from issuance date.
  • Finder’s fees: May be paid to eligible finders in accordance with CSE policies and securities laws.
  • Regulatory status: Offering is non‑brokered and subject to all required corporate and regulatory approvals.
  • Use of proceeds: Net funds will be used for potential acquisitions and general working capital needs.

Notable Quotes

(No CEO/President quotes were included in the release.)

Read the original news release →

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