Trading Symbol: TSXV: NAR VANCOUVER, BC, Sept. 17, 2024 /CNW/ -
North Arrow Minerals Inc. is pleased to announce that, further to its news release of September 3, 2024, the previously disclosed non-brokered private placement of up to 10,000,000 units , has been upsized to 11,000,000 million Units, at a price of 20 cents per Unit for total gross proceeds of $2,200,000. Proceeds from the private placement will be used to fund the first-year exploration program at the Kraaipan Gold Project in Botswana and for general working capital purposes. Terms of the financing remain unchanged, with each Unit consisting of one post-consolidation common share and one-half transferable common share purchase warrant . Each whole Warrant will entitle the holder to purchase, for a period of 18 m...