Archer Exploration Closes $2 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2023) - Archer Exploration Corp. (CSE: RCHR) (OTCQB: RCHRF) (FSE: 6YR0) (the "Company" or "Archer") is pleased to announce that, further to its news releases dated October 23rd and November 15th, 2023, it has closed its non-brokered private placement (the "Offering") for gross proceeds of $2,038,030.
- Vancouver, British Columbia--(Newsfile Corp. - November 27, 2023) - Archer Exploration Corp. (CSE: RCHR) (OTCQB: RCHRF) (FSE: 6YR0) (the "Company" or "Archer") is pleased to announce that, further to its news releases dated October 23rd and November 15th, 2023, it has closed its non-brokered private placement (the "Offering") for gross proceeds of $2,038,030.
- Each NFT Unit is comprised of one common share in the capital of the Company (a "Common Share") and one non-transferable Common Share purchase warrant (a "Warrant").
- Certain directors and officers of the Company (the "Insiders") participated in the Offering and purchased a total of 1,984,275 NFT Units and 222,200 FT Units.
- Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.