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Sun Peak Metals closed $6.7 million private placement financing – Resource World Magazine
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Sun Peak Metals closed $6.7 million private placement financing – Resource World Magazine
Sun Peak Metals Corp. [PEAK-TSXV, SUNPF-OTCQB] said it has raised $6.7 million from an oversubscribed private placement. The offering was completed in connection with the company’s proposed acquisition of Saudi Discovery SPV Ltd. (SDV), with net proceeds earmarked for the advancement of Sun Peak’s Shire Volcanogenic Massive Sulfide (VMS) project Ethiopia. The offering consisted of 16 million subscription receipts of a wholly-owned subsidiary of t
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