Advanced United Marketplace platform Source: Advanced United Holdings
  • Advance United Holdings (AUHI) has closed a non-brokered private placement for gross proceeds of $135,000
  • The company issued 1,687,500 units in the capital of the company at a price of $0.08 per unit
  • Net proceeds will be used for general working capital purposes
  • Advanced United Holdings Inc. is an exploration-stage mineral resources company engaged in acquiring, exploring and evaluating strategic mineral properties
  • Advance United Holdings Inc. opened trading at $0.05 per share

Advance United Holdings (AUHI) has closed its previously-announced non-brokered private placement for gross proceeds of $135,000.

The company issued 1,687,500 units in the capital of the company at a price of $0.08 per unit. Each unit consisted of one common share and one-half of one common share purchase warrant. Each whole warrant shall entitle the holder to acquire one common share at a price of $0.15 per common share for a period of two years.

All securities issued in connection to the offering will be subject to a statutory hold period of four months.

Net proceeds from the sale of the units will be used for general working capital purposes.

Advanced United Holdings Inc. is an exploration-stage mineral resources company whose principal business activities include acquiring, exploring and evaluating strategic mineral properties.

Advance United Holdings Inc. opened trading at $0.05 per share.


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