Corporate ActionMay 4, 2026, 06:08 AM
Pacific Booker Minerals Announces $3M Private Placement & Director Options
AI Summary
Pacific Booker Minerals Inc. announced a non-brokered private placement to raise up to $3,000,228 by selling 1,260,600 units at $2.38 each. Each unit includes a common share and a warrant exercisable at $2.74 for 36 months, with proceeds intended for a preliminary economic assessment of its Morrison project and general corporate purposes. Additionally, the company granted 250,000 stock options to new director Jonathan McCullough, exercisable at $2.80 per share and expiring in three years.
Key Highlights
- Announced non-brokered private placement to raise up to $3,000,228.
- Offering consists of up to 1,260,600 units at $2.38 per unit.
- Each unit includes one common share and one warrant exercisable at $2.74 for 36 months.
- Proceeds will fund a new preliminary economic assessment for the Morrison project and general corporate purposes.
- Granted 250,000 stock options to new director Jonathan McCullough.
- Options are exercisable at $2.80 per share and expire on May 1, 2029.
Price Impact
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