Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here!
|Red Lightning prospect. Image credit: Eskay Mining.|
(Wallace Refiners) – Eskay Mining (TSXV:ESK)(OTCQB:ESKYF) announced that it has entered into an agreement with Echelon Wealth Partners and Eight Capital as co-lead agents that have agreed to sell, on a “best efforts” private placement basis, up to approximately $10,000,000 of units, traditional flow-through shares, and flow-through units of the company.
The net proceeds from the offering will be used to fund the company’s exploration activities, and for general corporate purposes.
Eskay Mining is a TSX Venture Exchange listed company, headquartered in Toronto, Ontario. Eskay is an exploration company focused on the exploration and development of precious and base metals along the Eskay rift in a highly prolific region of northwest British Columbia known as the “Golden Triangle,” approximately 70km northwest of Stewart, BC. The company currently holds mineral tenures in this area comprised of 177 claims (130,000 acres).
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Wallace Precious Metals The author has made every effort to ensure accuracy of information provided; however, neither Wallace Precious Metals nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Wallace Precious Metals and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.