Renforth Resources Inc. Closes Private Palcement
PICKERING, November 12, 2024 - - Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) ("Renforth" or the "Company"), an active mineral exploration company engaged in the exploration and development of multi-commodity mineral properties in Canada, today advises shareholders that the previously announced private placement has closed in two tranches, raising a total of $287,500 through the sale of Units. Each Unit includes one common share and one half-share purchase warrant, with each whole warrant exercisable at $0.05 for a period of 36 months. Additionally, the Company paid finders' fees totaling $8,000 in cash in conjunction with this financing. Renforth will be attending the Quebec Mines & Energy convention in Quebec City next week, interested parties in attendance are warmly invited to visit the Company's booth or make meeting arrangements through the show's meeting platform where Nicole Brewster, President and CEO of Renforth, is registered.
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No securities regulatory authority has approved or disapproved the contents of this news release.
Forward-Looking Statements
This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as "may," "will," "plan," "expect," "believe," "anticipate," "estimate," "intend" and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company's securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided, and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.
Company Contact:
Renforth Resources Inc.
Nicole Brewster
President and Chief Executive Officer
416-818-1393
Nicole@RenforthResources.com
#Unit 1B - 955 Brock Road, Pickering ON L1W 2X9
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