RE Royalties Launches $3.4 Million Equity Offering

RE Royalties Ltd. (TSXV:RE) has announced a non-brokered private placement offering, aiming to raise up to $3.4 million. The offering consists of 10,625,000 units priced at $0.32 each. Each unit includes one common share and one share purchase warrant. The warrant allows purchase of an additional share at $0.45 within 36 months.

The offering is available under the listed issuer financing exemption, with no resale restrictions under Canadian securities laws. The offer is subject to TSX Venture Exchange approval. Funds raised will support working capital and corporate purposes.

RE Royalties may pay finders' fees of up to 6% for investor introductions. The offering is not registered under the US Securities Act of 1933 and is not for distribution in the US.