News Of Barsele Minerals Corp.

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Barsele Minerals Corp. announced a $2M Non-Brokered Private Placement. The Company intends to use the net proceeds from the Offering for working capital requirements and other general corporate purposes. The Company intends to undertake a non-brokered private placement financing (the “Offering”) to raise gross proceeds of up to $2,000,000 from the sale of up to 4,000,000 units (“Units”) at a price of $0.50 per Unit, with each Unit consisting of one common share of the Company (each, a “Share”) and one-half of one warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one Share from the Company at a price of $0.75 per Share for a period of 24 months from closing of the Offering.

For my Canadian audience: If you’re interested in reading the full press release, click here.

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