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Adyton Resources Announces $4 Million Brokered Private Placement

Provided By Globe Newswire

Last update: Dec 3, 2021

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BRISBANE, Australia, Dec. 03, 2021 (GLOBE NEWSWIRE) -- Adyton Resources Corporation (TSX Venture: ADY) (“Adyton” or the “Company”) is pleased to announce that it has entered into a letter engagement with Eight Capital, under which Eight Capital, acting as agent for the Company, has agreed to offer for sale up to 80,000,000 units of the Company (the “Units”) on a “best efforts” private placement basis at an issue price of $0.05 per Unit (the “Issue Price”), for aggregate gross proceeds of up to $4,000,000, subject to all regulatory approvals (the “Offering”).

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