October 3, 2022
Deep-South Resources Inc. (TSXV:DSM, Under Review, Taylor Combaluzier) has closed its non-brokered, private placement for total proceeds of C$392k. The company issued 7.84M units at a price of C$0.05/unit, with each unit consisting of one common share and half of a purchase warrant entitling the holder to purchase a common share at a price of C$0.10 for 36 months from closing. Funds are expected to be used for the company’s recently acquired projects in Zambia (read more) and for working capital purposes. Read more