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Benzinga
Benzinga
Business
The Newswire

EXPLOITS Announces $1.5 Million Non-Brokered Private Placement of Flow-Through Shares

Vancouver, British Columbia – TheNewswire - July 28, 2022 – Exploits Discovery Corp. ("Exploits" or the "Company") (CSE:NFLD) (OTC:NFLDF) (FSE:634) is pleased to announce that it will conduct a non-brokered private placement (the "Offering") of up to 8,333,333 flow-through common shares (each, an "FT Share") at a price of $0.18 per FT Share for gross proceeds of up to $1.5 million.  The Offering is expected to close during the week of August 2, 2022.

The gross proceeds received by the Company from the Offering will be used to incur eligible "Canadian exploration expenses" ("CEE") that are "flow-through mining expenditures" (as such term is defined in the Income Tax Act (Canada)) related to the Company's mining projects.

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