Avila Energy Corporation plans to raise up to $3M through a non-brokered private placement of up to 60M units at $0.05 each.
Avila Energy Corporation plans to close further tranches of its previously announced non-brokered private placement, aiming to raise up to $3,000,000. The placement involves issuing up to 60,000,000 units at $0.05 each, with each unit consisting of one common share and one-half common share purchase warrant. Each warrant allows purchase of an additional share at $0.12 within 24 months.
March 15, 2024
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