Toronto-based Tri Origin Exploration (TSE) has raised at least $550,000 through a private placement of 440,000 units at $1.25 per unit, the company reports. Each unit consists of one common share and a series “B” warrant exercisable for an additional common share at $1.75 within an 18-month period. Proceeds will be used to finance continuing exploration at the company’s properties in Australia.
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