Alderon is pleased to announce that it has closed its previously announced non-brokered private placement of 2,000,000 flow-through common shares at a price of $3.00 per Flow-Through Share for gross proceeds of $6,000,000. The gross proceeds raised from the Offering will be used by Alderon for exploration expenditures on its Kamistiatusset Project, which will constitute Canadian exploration expenditures (as defined in the
[...]