Mayo Lake Minerals cuts flow — through unit price to $0.045 in private placement
Mayo Lake Minerals cut the price of its flow-through units in a non-brokered private placement to $0.045 from $0.05. Flow-through tranche still targets up to 500,000 in gross proceeds, implying up to 11,111,111 units at the revised price. Common share units remain priced at $0.04, with a minimum 200,000 raise; total of