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Posted by
Two Blokes Apr 22 -
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Stock
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Rouyn-Noranda, Quebec--(Newsfile Corp. - April 22, 2025) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) (FSE: 2RX) ("Radisson" or the "Company") is pleased to announce that it intends to raise C$7 Million in a non-brokered private placement (the "Offering"), with the proceeds directed towards advancing the exploration and development of the Company's O'Brien Gold Project located in the Abitibi region of Québec and for general corporate purposes. The Offering will include the sale of the following securities (collectively, the "Securities"): Class A common shares of the Company (the "FT Shares") which shall each qualify as a "flow-through share" as defined in subsection 66(15) of the Income Tax Act (Canada) ("ITA") and section 359.1 of the Taxation Act (Québec) (the "Québec Tax Act"), at a price of C$0.34 per FT Share; and, Class A common shares of the Company ("Common Shares") at a price of C$0.30 per Common Share.
