Mayo Lake Minerals Announces Non-Brokered Private Placement of Units for up to $700,000

At a glance

Mayo Lake Minerals Inc. (CSE: MLKM) (Mayo or the Company) is pleased to announce its intention to complete a non-brokered private placement to raise aggregate gross proceeds of up to $700,000 (the Offering) through the issuance of a minimum of 5,000,000 common share units (each, a CS Unit) at a price of $0.04 per CS Unit for minimum gross proceeds of $200,000 and up to 10,000,000 flow-through units (each, a FT Unit and, together with the CS...

From the available Newsfile headline and excerpt. Company claims have not been independently verified.