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- Fokus Mining Company (TSXV:FKM:CA) mentioned on Thursday it should undertake anon-brokered non-public placement for minimal mixture gross proceeds of $1.5M.
- The providing consists of: $500,000 in proceeds raised through the issuance of models at $0.05 per unit and $1M in proceeds raised through the issuance of flow-through models at $0.08 per FT unit.
- Fokus (FKM:CA) intends to make use of the web proceeds from the providing for bills incurred in reference to the exploration on its Galloway venture and for common company and dealing capital objective.