Camrova Resources Announces $250,000 Private Placement
The proceeds of the Offering will be used to pay for the costs associated with proceeding to completion of the proposed asset acquisition transaction with Armex Mining Corp. including due diligence costs, audit fees, legal fees and costs of preparing the necessary documentation for the Armex Transaction and for general corporate purposes. The Offering is intended to be completed independently from the Armex Transaction and the funds raised in connection with the Offering will be made available for Camrova’s use immediately upon closing.