T2 Metals Corp Expands Private Placement

Aguila American Gold (TSE:TWO) has released an update.

T2 Metals Corp has increased its private placement to $2.4 million due to oversubscription, intending to issue 9.6 million units to raise capital for working expenses and exploration. With half of the units already sold for $1.24 million, the company anticipates completing the sale of the remaining units by June 30th. The units, priced at $0.25 each, include a common share and a half-warrant, which can be exercised to buy an additional share at $0.40 within three years.

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