Valterra reported today that it plans to issue up to 7,000,000 units in a non-flow-through private placement at a price of $0.06 per unit for gross proceeds of $420,000. Each unit consists of one common share and one share purchase warrant, with each whole share purchase warrant exercisable to purchase one additional common share at an exercise price of $0.10 for a period of 3 years.
Valterra also announces a
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