Scintilore planning to raise funds with placement

Toronto-listed Scintilore Explorations is hoping to raise $600,000 through a private placement.

The placement, which has yet to be approved by regulators, would consist of 600,000 shares at $1 a piece, with attached warrants entitling holders to buy an additional 600,000 at $1.01 each. The warrants will have a life of one year.

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