Chibougamau Independent Mines Announces Financings

ROUYN-NORANDA, Quebec, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Chibougamau Independent Mines Inc. (CBG-TSX-V in Canada, CLL1-Frankfurt, Stuttgart, Berlin and Lang & Schwarz Stock Exchanges in Germany, CMAUF-OTC in the US) announces that it will effect a private placement of a maximum of 2,758,620 “flow-through” common shares at a price of $0.145 per share for maximum gross proceeds to Chibougamau of $400,000. Chibougamau will use the proceeds from the “flow-through” private placement for exploration on certain of its properties in Québec.

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