On June 13, 2018, Minsud Resources Corp. (TSX-V:MSR) announced the closing of a non-brokered private placement offering of units in Minsud for gross proceeds of $823,000. In connection with the closing of the private placement, which was originally announced on May 16, 2018, Minsud issued 8,230,000 units at $0.10 per unit, with each unit comprising one common share in the capital of the company and one common share purchase warrant. Each warrant is exercisable into one share at $0.15 until June 13, 2020.
Minsud Resources Corp. is a mineral exploration company focused on exploring its flagship Chita Valley Cu-Mo-Au-Ag Project, located in the Province of San Juan, Argentina.
Alexander Lalka (capital markets & securities) and Victoria de Luna (corporate) of Miller Thomson advised Minsud Resources with respect to this transaction.