Electrum Discovery Corp. is pleased to announce that, further to its news release of September, 23rd, 2024, it has closed the first tranche of its non-brokered private placement of 10,700,284 units at a price of $0.07 per Unit to raise gross proceeds of $749,020. Furthermore, due to strong investor demand, it has upsized the Private Placement to up to $2,100,000, comprised of the sale of up to 30,000,000 Units. Each Unit is comprised of one common share of the Company and one Common Share purchase warrant of the Company , with each Warrant entitling the holder thereof to purchase one additional Common Share at an exercise price of $0.15 for a period of three years from the date of issuance thereof . Dr. Elena Clarici, President and CEO of Electrum commented: "We are pleased t...