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Apex Trader Funding (ATF) - News

Bedford Metals Announces Financing for $5 Million at $2.25 Per Share

VANCOUVER, British Columbia, June 18, 2024 (GLOBE NEWSWIRE) -- Bedford Metals Corp. (TSXV:BFM) (the "Company" or "Bedford") is pleased to announce that it will conduct a non-brokered private placement (the "Financing") to raise up to $5 million through the offering of up to 2,222,223 common shares at a price of $2.25 per share. The Financing represents an opportunity for the Company to bolster its exploration and development activities across its portfolio of mineral projects. With a focus on enhancing shareholder value, the Company plans to allocate the funds to accelerate exploration programs, evaluate strategic growth opportunities, and for general corporate purposes. Peter Born, President of Bedford, commented, "We are excited to pursue this Financing to advance our mineral projects further and continue building shareholder value. The support from the market underscores confidence in Bedford's development plans and will enable us to execute our strategic initiatives effectively. We look forward to deploying additional financing prudently to drive growth and maximize the potential of our assets." Completion of the Financing remains subject to the approval of the TSX Venture Exchange. All securities issued in connection with ...