Group 1 - Lexston Mining Corporation is conducting a non-brokered private placement to raise gross proceeds of up to $500,000 by issuing up to 6,250,000 units at a price of $0.08 per unit, with each unit consisting of one common share and one common share purchase warrant [1][2] - The proceeds from the private placement will be used for general working capital purposes and exploration expenditures, with participation from certain directors and officers of the company [2] - The securities issued in connection with the private placement are subject to filing requirements and acceptance by the Canadian Securities Exchange, and will have a four-month statutory hold period after closing [2] Group 2 - Lexston Mining Corporation is a Canadian mineral exploration company focused on acquiring and developing mineral projects to enhance value for stakeholders, with current projects located in British Columbia and Nevada [3] - The company trades on the OTCQB Venture Market, which serves early-stage and developing companies, ensuring current reporting and undergoing annual verification processes [4]
Lexston Mining Corporation Announces Private Placement
Thenewswire·2025-12-24 17:15