Street Calls of the Week
Investing.com -- Essex Resources Corp. began trading on the TSX Venture Exchange Thursday at C$0.19 per share, above its initial public offering price of C$0.15.
The mineral resource company raised gross proceeds of C$605,000 through its offering, which consisted of 2.7 million listed common shares priced at C$0.15 each and one million listed flow-through common shares at C$0.20 each.
Leede Financial Inc. acted as the agent for the offering.
Essex Resources, incorporated in the province of British Columbia, has a capital structure of unlimited common shares with no par value. Currently, 9,475,000 common shares are issued and outstanding, with 3,575,000 shares held in escrow.
The company trades under the symbol TSXV:ESXR, with Computershare Investor Services Inc. of Vancouver serving as the transfer agent.
Essex Resources focuses on the identification, acquisition, and exploration of mineral properties and serves customers in Canada.
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