Corporate ActionJun 11, 2026, 02:56 PM
Pacific Booker Announces New $4M Private Placement
AI Summary
Pacific Booker Minerals Inc. announced it will not proceed with its previously announced private placement from April 30, 2026. Instead, the company plans a new non-brokered private placement to raise up to $4,000,001.90. This offering involves selling up to 1,860,466 units at $2.15 each, with each unit comprising one common share and one warrant exercisable at $2.37 for 36 months. The funds are intended to complete a new preliminary economic assessment for its Morrison project and for general corporate purposes, subject to TSX Venture Exchange approval.
Key Highlights
- Will not proceed with the non-brokered private placement announced on April 30, 2026.
- Intends to undertake a new non-brokered private placement to raise up to $4,000,001.90.
- Offering up to 1,860,466 units at a price of $2.15 per unit.
- Each unit consists of one common share and one common share purchase warrant.
- Warrants entitle holders to acquire one common share at $2.37 for 36 months.
- Net proceeds will fund a new preliminary economic assessment for the Morrison project and general corporate purposes.
- The offering is subject to TSX Venture Exchange approval and customary conditions.
- Company may pay finder's fees of 8% cash and 8% warrants for introduced purchasers.
Price Impact
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