CleanTech Raises CA$290,000 After Closing Second Tranche of Private Placement

CleanTech Vanadium Mining (CTV.V) completed the second tranche of its non-brokered private placement raising CA$290,000, it said in a statement on Wednesday.

The second tranche offered 2.9-million units at CA$0.10 apiece. Each unit consists of one share and one three-year warrant, with each warrant entitling the holder to buy a share for CA$0.15.

Proceeds are expected to be used for general working capital needs, it said.

Shares of the company were last seen unchanged at CA$0.115 on the TSX Venture Exchange.

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