Nortec Minerals closes private placement financing

1 minute read
23 December 2022

On December 23, 2022, Nortec Minerals Corp. ("Nortec") announced that it had closed its previously announced private placement financing through the issuance of 4,513,665 units of the company for gross proceeds of approximately $338,525. 

Nortec is a mineral exploration company that holds 100% interests in two exploration stage critical mineral (zinc) projects, namely the Mattagami River Zinc properties and the Sturgeon Lake VMS, both located in Ontario, Canada. Nortec also holds a 16.4% interest in the Tammela Gold and Tammela Lithium projects in Southwest Finland.

Gowling WLG advised Nortec with respect to this private placement with a team that included Brett Kagetsu, Raymond Ong and Toni Vodola.

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