Treasury Metals - Friday November 5, 2021,
raising gross proceeds of approximately $6.5 million through the issuance of 7.7 million common shares (the "FT Shares") that qualify as "flow-through shares" for the purposes of the Income Tax Act (Canada) (the "ITA").
The gross proceeds raised from the Offering will be used by the Company to fund exploration programs that qualify as "Canadian Exploration Expenses" and "flow-through mining expenditures", as those terms are defined in the ITA.
raising gross proceeds of approximately $6.5 million through the issuance of 7.7 million common shares (the "FT Shares") that qualify as "flow-through shares" for the purposes of the Income Tax Act (Canada) (the "ITA").
The gross proceeds raised from the Offering will be used by the Company to fund exploration programs that qualify as "Canadian Exploration Expenses" and "flow-through mining expenditures", as those terms are defined in the ITA.