Aardvark Ventures Inc. announced a non-brokered private placement of up to 12,500,000 flow-through shares at a price of CAD 0.02 per share for the aggregate gross proceeds of CAD 250,000 on July 18, 2023. The transaction included participation from individual investor, Robert McLeod. All shares issued in connection with the offering are subject to a statutory hold period until November 19, 2023 in accordance with applicable securities laws. No finders? fees or commissions were paid in connection with completion of the offering. The transaction is expected to close on December 31, 2023.
On the same day, the company issued 2,750,000 flow-through shares at a price of CAD 0.02 per share for the gross proceeds of CAD 55,000.