Mr. Mac Balkam reports
ESKAY MINING CORP. ANNOUNCES A NON-BROKERED FLOW-THROUGH PRIVATE PLACEMENT OF UP TO $3.5 MILLION
Eskay Mining Corp. has arranged an offering of a non-brokered private placement of up to $3.5-million of flow-through shares at a price of 48 cents per FT share.
The gross proceeds from the offering will be used for Canadian exploration expenses (within the meaning of the Income Tax Act (Canada)) which qualify as a flow-through mining expenditure for purposes of the tax act. Proceeds from the offering will be expended on the company's 100-per-cent-controlled and consolidated Eskay project in the heart of the Golden Triangle, British Columbia.
The offering is scheduled to close on or before June 19, 2026, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. The securities issued will have a hold period of four months and one day from the closing of the offering.
About Eskay Mining Corp.
Eskay is a TSX Venture Exchange-listed company, headquartered in Toronto, Ont. Eskay is an exploration company focused on the exploration and development of precious and base metals along the Eskay rift in a highly prolific region of northwestern British Columbia known as the Golden Triangle, 70 kilometres northwest of Stewart, B.C. The company currently holds mineral tenures in this area composed of 177 claims (52,600 hectares).
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