Kore Mining Ltd - Mining Stock Analysis & Updates

Kore Announces Non-Brokered Private Placement

KORE Mining Ltd. plans to complete a non-brokered private placement of up to 25,000,000 units at a price of $0.04 per unit, aiming to raise up to $1 million. Each unit consists of one common share and one purchase warrant, which can be converted into a common share at $0.06 per warrant within three years of issue. The funds raised will be used to advance permitting and exploration of its properties in California and for working capital and corporate purposes. The offer is available to all existing shareholders as of October 30, 2024, and is subject to approval from the TSX Venture Exchange.