Pacific Ridge Closes First Tranche of Financing; Raises $1.68 Million for Inaugural Drill Program at Chuchi Copper-Gold Project In B.C.
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2024) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQWN) ("Pacific Ridge" or the "Company") is pleased to announce that it has closed the first tranche of its non-brokered private placement ("Financing") raising a total of $1,683,380.The Company issued 16,250,000 flow-through units ("FT Units") at a price of $0.08 per FT Unit for gross proceeds of $1,300,000. Pacific Ridge also issued 5,476,858 non-flow-through units ("