By Sheri Kasprzak
Atlanta, May 6 - Fortress Minerals Corp. said it plans to raise up to C$2.4 million in a non-brokered private placement.
The offering includes up to 4 million shares at C$0.60 each.
Based in Vancouver, B.C., Fortress is a mineral exploration company. It plans to use the proceeds for its exploration programs in Russia and Mongolia and for general corporate purposes.
| Issuer: | Fortress Minerals Corp.
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| Issue: | Stock
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| Amount: | C$2.4 million (maximum)
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| Shares: | 4 million (maximum)
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| Price: | C$0.60
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| Warrants: | No
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| Pricing date: | May 6
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| Stock price: | C$0.65 at close May 6
|
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