Cerro Mining Corp. announced that it has received CAD 10.109 million in funding
On May 20, 2021, Cerro Mining Corp. closed the transaction. The company issued 6,000,000 subscription receipts for proceeds of CAD 3,000,000 in its second tranche closing. The company issued a total of 20,218,000 subscription receipts for gross proceeds of CAD 10,109,000. The company paid a total aggregate finder's fees of CAD 263,670 All securities issued in the transaction are subject to a statutory hold period of four months and one day following the closing.