Phenom Resources announces $704K private placement

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Healthcare

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Phenom Resources (TSXV:PHNM:CA) plans a non-brokered private placement of up to 4.4M units at $0.16/unit, targeting $704,000 in gross proceeds.
Each unit includes one common share and one warrant, with each warrant exercisable at $0.22 for four years.
Proceeds will be used for exploration work programs and general working capital.
Source: Press release

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