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Group Eleven Closes C$5.75M Bought Deal Private Placement, Including Full Exercise of C$750,000 Underwriters' Option
Newsfile·2025-07-31 20:53

Vancouver, British Columbia--(Newsfile Corp. - July 31, 2025) - Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) (the "Company") is pleased to announce the closing of its previously-announced "bought deal" private placement for aggregate gross proceeds of C5,750,000(the"Offering")throughtheissuanceof17,968,750commonsharesoftheCompany(the"CommonShares")atapriceofC5,750,000 (the "Offering") through the issuance of 17,968,750 common shares of the Company (the "Common Shares") at a price of C0.32 per Common Share. The Offering was completed pursuant to an underwriting agreement between the Compan ...