Canada Fluorspar Inc. is planning to raise up to $2m. via a private placement to ensure sufficient funding till the year end for the further development of its fluorspar property in St. Lawrence in the province of Newfoundland and Labrador, Canada.
The non-brokered private placement is expected to raise up to $2m. comprised of common shares at a price of $0.35 per share. Of this, company “insiders” will be subscribing for more than...