Pacific Empire Minerals (TSXV: PEMC) Plans CAD 300,000 Non-Brokered Private Placement

Tue 22 Jul 25, 08:04 AM |

Highlights

Pacific Empire intends to raise up to CAD 300,000 through a private placement at CAD 0.02 per unit.
Each unit includes a common share and a warrant exercisable at CAD 0.05 for 24 months.
Proceeds will fund exploration at the Trident project, working capital, and marketing activities.

Pacific Empire Minerals Corp. (TSXV: PEMC) has announced its intention to conduct a non-brokered private placement to raise gross proceeds of up to CAD 300,000. The company will issue up to 15,000,000 units priced at CAD 0.02 per unit. Each unit will comprise one common share and one common share purchase warrant. The warrants will be exercisable at a price of CAD 0.05 per share for a 24-month period following the closing date.

The company stated that the proceeds will be allocated toward general working capital needs, continued exploration at its Trident copper-gold project, and marketing activities. The Trident project is located in north-central British Columbia and forms part of Pacific Empire’s broader 22,694-hectare land package in a region recognized for copper porphyry systems.

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