- VR Resources (TSXV:VRR:CA) announced a non-brokered private placement with a flow-through component of $200,000 for expected aggregate gross proceeds up to $450,000.
- The company plans to direct the funds immediately into IP geophysics and reconnaissance drilling this fall at it’s Empire and Silverback projects in Northern Ontario.
- VR plans to use the gross proceeds of the financing for mineral exploration in northern Ontario and for general working capital for the company.