Forge Resources Corp. announced a non-brokered flow-through private placement to issue 1,162,790 flow-through units at an issue price of CAD 0.86 per unit for the gross proceeds of CAD 999,999.4 on May 16, 2025. Each unit consisting of one flow through common share and one-half of one transferable non-flow-through share purchase warrant.
Each warrant will enable the holder to acquire an additional non-flow-through common share of the company at a price of CAD 1.30 per warrant share for a period of two years from the date of issuance. Finders' fees may be payable in connection with the private placement, subject to and in accordance with the policies of the CSE.
