Augmitto Explorations has received final receipt from the Quebec Securities Commission for a prospectus offering in Quebec. If completed, the offering will raise a minimum of $2.5 million and a maximum of $3 million for the company.
In addition to being comprised of common and flow-through shares, each unit of the offering also includes 686 warrants giving the holder the right to purchase a common share for $1.75 over a one-year period. The warrants have been conditionally approved for listing on both the Toronto and Montreal stock exchanges.
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