QualityStocksNewsBreaks – Nevada Organic Phosphate Inc. (CSE: NOP; OTCQB: NOPFF) Closes Final Tranche of Private Placement, Raising Total of $5.75 Million
This article has been disseminated on behalf of Nevada Organic Phosphate Inc. and may include paid advertising. Nevada Organic Phosphate (CSE: NOP; OTCQB: NOPFF) announced the closing of the second and final tranche of its previously announced non-brokered private placement, raising gross proceeds of $705,734 through the issuance of 3,920,744 units at $0.18 per unit. Combined with the first tranche, the offering generated aggregate gross proceeds of approximately $5.75 million. The company said proceeds are expected to be used to fund a Phase 2 drill program at its Murdock Mountain Property and for general working capital, while all securities issued…