Exploration in the Chibougamau, Que., area will get an extra boost following Soquem’s decision to exercise warrants of MSV Resources (ME).
Under a $1.2 million private placement agreement signed last month, Soquem subscribed for 450,000 shares and warrants exercisable in a year’s time under certain conditions.
Instead, Soquem decided to exercise its warrants immediately to provide MSV with additional funding for an exploration program to be announced shortly.
Be the first to comment on "NEWS ROUNDUP — Soquem exercises MSV warrants"