Vancouver, British Columbia–(Newsfile Corp. – July 22, 2022) – Prime Meridian Resources Corp. (TSXV: PMR) (“PMR” or the “Company”) announces a non-brokered private placement offering of units at 5 cents per unit for gross proceeds of up to $1.5 million, consisting of:
– Up to 30,000,000 units priced at $0.05 per unit
– Each unit includes one common share and one common share purchase warrant
– Each common share purchase warrant is exercisable @ $0.10 for a period of 3 years
– The Company may pay finders fees on the proceeds of the Private Placement
– All securities issued will be subject to a statutory four-month hold period