Chesapeake Closes $12 Million Brokered and $3 Million Non-Brokered Private Placements
President of Chesapeake, Randy Reifel stated, “We are pleased to have the continued confidence of Eric Sprott and the market awareness of his strategic investment. The financing further strengthens our pace to advance the significant project pipeline being developed around Metates. As well, Chesapeake is evaluating newly developed metallurgical technologies that may potentially lower Metates capital and operating costs by simplifying the process flow sheet.”