Euro Sun Mining Announces C$5 Million Private Placement Offering

TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) — Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce that it has entered into an agreement whereby Sprott Capital Partners LP has agreed to act as lead agent (the “Lead Agent”) on a best efforts agency basis in connection with the proposed marketed private placement offering of up to C$5,010,000 (the “Offering”). The Offering will consist of 16,700,000 units of the Company at a price of C$0.30 per Unit (the “Issue Price”). Each Unit will consist of one common share of the Company (a “Common Share”) and one-half of one common share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of C$0.38 for a period of 18 months from the date of issuance thereof. Read More