Leocor Mining Announces Private Placement

VANCOUVER, British Columbia (March 17, 2026) — TheNewswire - Leocor Mining Inc. (CSE: LECR, OTCQB: LECRF, Frankfurt: LGO0) (“ Leocor ” or the “ Company ”) (formerly Leocor Gold Inc.) is pleased to announce a non-brokered private placement financing of up to 80,000,000 units at a price of $0.05 per unit (a “ Unit ”) for gross proceeds of up to $4,000,000 (the “ Private Placement ”). Each Unit will consist of one common share of the Company (a “ Common Share ”) and one Common Share purchase warrant (a “ Warrant ”), with each Warrant exercisable to purchase one additional Common Share for a period of 3 years from the date of closing at an exercise price of $0.10. The Company expects to utilize net proceeds from the Private Placement to exercise certain convertible securities of Intrepid Metals Corp. held by the Company and for general working capital purposes.
Open original source