Core Viewpoint - Germanium Mining Corp. has announced a non-brokered private placement of up to 1,250,000 units at a price of $0.20 per unit, aiming to raise gross proceeds of up to CAD $250,000 [1][2]. Group 1: Private Placement Details - Each unit in the private placement consists of one common share and one transferable common share purchase warrant [1]. - Each warrant allows the holder to purchase an additional share at $0.30 per share for a period of 12 months from the issuance date [1]. - The net proceeds from the placement will be used for exploration activities and general corporate purposes, including arm's length payables [2]. Group 2: Regulatory and Compliance Information - A finder's fee of up to 10% may be applicable in accordance with Canadian Securities Exchange regulations [2]. - All securities issued will be subject to a hold period of four months and one day as required under applicable securities legislation [2]. Group 3: Company Information - The announcement is made on behalf of the board by Mario Pezzente, CEO & Director of Germanium Mining Corp. [3]. - For further information, contact details and corporate address are provided [3].
Germanium Mining Corp. Announces Non-Brokered Private Placement