Caisse invests in Kintavar's $15 mln private offering

Boucherville, Québec-based mining company Kintavar Exploration Inc (TSX-V: KTR) has raised an initial $2.5 million of a proposed $15 million private placement deal. Caisse de dépôt et placement du Québec invested in the first tranche, the company said. Kintavar, which explores and develops precious metals and base metals properties in Québec, said the proceeds will be used for an upcoming drilling program at its Mitchi copper project located in the Laurentian region. It will also use the proceeds for working capital purposes.

9 April 2018•3 mins read
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