| OTCQB: OZBKF | FSE: S600
Outback Goldfields Corp. is pleased to announce a non-brokered private placement for minimum gross proceeds of $5,000,000 . The Offering is being completed in conjunction with the Company's previously announced acquisition of a prospective portfolio of gold projects in Finland from a subsidiary of S2 Resources Ltd. , as detailed in the Company's press release dated March 1, 2024 . Pursuant to the Offering, Outback will issue a minimum of 125,000,000 subscription receipts at a price of $0.04 per Subscription Receipt for minimum gross proceeds of $5,000,000. Each Subscription Receipt, upon satisfaction of the Release Conditions , will automatically convert into one unit , with each Unit comprising of one common share of the Company and one common shar...