Grafton Resources Announces Closing Of Additional Non-Brokered Private Placement Of Units

Core Viewpoint - Grafton Resources Inc. has successfully closed a non-brokered private placement, raising $350,000 through the issuance of 700,000 units at a price of $0.50 per unit, with each unit consisting of one common share and one-half of a warrant [1] Group 1: Financial Details - The private placement raised aggregate gross proceeds of $350,000 [1] - Each unit is priced at $0.50, consisting of one common share and one-half of a warrant [1] - Each warrant allows the holder to purchase one common share at a price of $0.80 until December 15, 2027 [1] Group 2: Use of Proceeds - The proceeds from the offering will be used for working capital and general corporate purposes [2] Group 3: Finder's Fees and Warrants - The company paid finder's fees totaling $22,400 in cash and issued 44,800 finder's warrants [3] - Each finder's warrant entitles the holder to purchase one common share at a price of $0.80 until December 15, 2027 [3] Group 4: Regulatory Compliance - The offering is subject to acceptance by the Canadian Securities Exchange [3] - The securities issued are subject to a four-month hold period expiring on April 16, 2026 [3]