Turmalina Metals Upsizes and Closes Book on Previously Announced Financing
VANCOUVER, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) — Turmalina Metals Corp. (“Turmalina” or the “Company”, TBX: TSX Venture; TBXFF: OTC Markets; 3RI: Frankfurt) announces that it has upsized and closed the book on its previously announced private placement financing (see news release dated March 4, 2024). The financing, originally consisting of an issuance of 15,000,000 units at a price of $0.10 per Unit for total proceeds of $1,500,000 has been upsized to 20,000,000 units at a price of $0.10 per Unit for total proceeds of $2,000,000 (the “Offering”). The Company anticipates closing the financing as soon as practicable. Closing remains subject to receipt of subscription proceeds and approval from the TSXV.
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