BWR Exploration Inc. Provides an Update on Bridge Financing Pursuant to a Business Combination Transaction With Electro Metals And Mining Inc.
TORONTO, Feb. 14, 2025 (GLOBE NEWSWIRE) -- BWR Exploration Inc. (BWR.V TSX.V) (“BWR”), is pleased to announce that as per the previously announced Bridge Financing regarding a proposed business combination with Electro Metals and Mining Inc. (“Electro”), a federally registered private company, Electro has raised $126,000, exceeding its minimum raise of $120,000, having issued 787,500 units at $0.16 (see news release dated December 27, 2024). Electro has made the annual option payment of $100,000