ROUYN-NORANDA, QC, Sept. 26, 2024 /CNW/ -
Fokus Mining Corp. is pleased to announce that further to its news release dated September 12, 2024, that due to strong market demand, the Company is upsizing its previously announced non-brokered private placement from a minimum of $1,500,000 to $1,875,000 subject to increase at the discretion of the board of directors of the Company. The up-sized offering will be comprised of: approximately $875,000 in proceeds raised via the issuance of units of the Company at a price of $0.05 per Unit and $1,000,000 in proceeds raised via the issuance of flow-through units of the Company at a price of $0.08 per FT Unit. Each Unit will be comprised of one common share in the capital of the Company and one Common Share purchase warrant . Each FT Unit...