Core Viewpoint - Armory Mining Corp. is initiating a non-brokered private placement offering to raise up to $500,000 through the sale of 9,090,000 units at a price of $0.055 per unit [1][3] Group 1: Offering Details - Each unit consists of one common share and one transferable common share purchase warrant, allowing the holder to purchase an additional common share at $0.085 for five years [2] - The proceeds from the offering will be allocated for working capital and general corporate purposes [3] Group 2: Company Overview - Armory Mining Corp. is focused on minerals critical to the energy, security, and defense sectors [4] - The company holds an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek antimony-gold project in British Columbia, along with an option for a 100% interest in the Ammo antimony-gold project in Nova Scotia [4]
Armory Mining Announces Private Placement
Thenewswireยท2025-11-03 23:15