Toronto-based SouthernEra Resources (TSE) has completed an initial public offering in Ontario and British Columbia of one million units at 80 cents per unit, the company said recently.
Each unit consists of one common share and one half warrant to buy SouthernEra common shares. Both the common shares and warrants are listed for trading on the Toronto Stock Exchange.
The company said it will focus on platinum exploration in northern Quebec and northwestern Ontario.
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