A recent agreement sets the stage for a private individual to buy 1 million units of Republic Goldfields (VSE) at 50 cents per unit, subject to regulatory approval.
Each unit consists of one common share, and one-half of one common share purchase warrant, exercisable at 60 cents for one year.
Republic says it will use the funds to develop its current properties, and for working capital. The company has several mineral properties in North America.
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