Financing ·
Amarc Resources Ltd. closed a fully subscribed private placement, issuing 20,000,000 common shares at CAD$1.00 per…
AXREFAmarc Resources Ltd
Amarc Resources Ltd. closed a fully subscribed private placement, issuing 20,000,000 common shares at CAD$1.00 per share for aggregate gross proceeds of CAD$20,000,000. The funds will support exploration expenditures for the JOY District, working capital, and project investigations for the DUKE and IKE properties. Shares are subject to a four-month and one-day hold period expiring January 10, 2027. Amarc Resources Ltd. is a mineral exploration and development company advancing copper-gold deposits in British Columbia.