Bessor Minerals Inc. Raises $100,000 Through Private Placement

Bessor Minerals Inc. announced the completion of a non-brokered private placement offering, issuing 5,000,000 common shares at $0.02 per share, raising $100,000. Proceeds will go towards exploration of properties, potential acquisitions, and general working capital. The placement relied on exemptions under securities laws and is subject to final approval from the TSX Venture Exchange. Of the shares issued, 350,000 were allocated to a director. The corporation also terminated its option to earn a 60% interest in the Easter Gold Project in Nevada. Bessor focuses on the Redhill deposit in British Columbia and has a 1% NSR on claims in the Blackwater Mine.

Read more at GlobeNewswire: Bessor Announces Closing of Private Placement and