Core Viewpoint - Metalsource Mining Inc. has successfully closed a non-brokered private placement, raising a total of $5,999,998.50 to advance its exploration projects and for general working capital [1][4]. Group 1: Offering Details - The company issued 7,999,998 units at a price of $0.75 per unit, with each unit consisting of one common share and one-half of a transferable share purchase warrant [2]. - Each whole warrant allows the holder to acquire one additional common share at an exercise price of $1.00 for three years from the closing date [2]. - The units are subject to a four-month and one-day hold period under Canadian securities laws, and no finder's fees were paid in connection with the offering [3]. Group 2: Use of Proceeds - The proceeds from the offering will be used to advance exploration at the Silver Hill and Byrd-Pilot projects located in North Carolina, as well as for general working capital [4]. Group 3: Company Overview - Metalsource Mining Inc. is a Canadian mineral exploration company focused on advancing high-potential mineral assets through systematic exploration and value-driven discovery [5].