Confederation Minerals Ltd. Announces Closing of Private Placement

Vancouver, British Columbia, Canada, May 20, 2020, Confederation Minerals Ltd. (TSX-V: CFM) (“Confederation” or the “Company”) is pleased to announce that pursuant to its news release dated May 6, 2020, it has completed its non-brokered private placement (the “Offering”) of 4,400,000 units (the “Units”) at a price of $0.25 per Unit for gross proceeds of […]

Confederation Minerals Completes Acquisition of South-West Red Lake and Shining Tree Properties and Announces Private Placement

(collectively, the “Properties”). Pursuant to the terms of the Definitive Agreement and in consideration of the Acquisition, the Company agreed to issue to the former Canadian Shield shareholders an aggregate of 6,500,000 common shares of the Company (the “Consideration Shares”) at a deemed price of $0.40 per Consideration Share, on a pro-rata basis, in two […]