Grizzly Closes Private Placement and Completes Midway-Beaverdell Option

Impact · against what's priced in

Grizzly Discoveries has marginally expanded its land position and secured a small amount of funding. While the acquisition of the Midway-Beaverdell rights adds acreage, the private placement is modest in size and carries dilution risk via warrants.

GZD+0.30

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In context

The company acquired 100% ownership of 761.25 hectares of mineral rights for $5,000 and 100,000 shares, and closed a private placement providing $359,875 in gross proceeds.

Read from the article alone

• mining
• GZD
• asset acquisition
• british columbia
• capital raise
• critical minerals
• flow through shares
• mineral exploration
• private placement

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