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Lightning Resource Corp.
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Lightning Resource doubles share base as Prospector asset acquisition closes
Lightning Resource Corp. has completed its acquisition of Prospector Metals’ non-Yukon assets and released C$4 million of previously escrowed financing, adding four Canadian exploration projects while increasing its basic share count from roughly 29.4 million to about 66.8 million.
Lightning Resource (TSXV: LTNG) share base more than doubles as Prospector deal closes
Lightning Resource has completed its acquisition of Prospector Metals' non-Yukon portfolio and released C$4 million of financing proceeds. The transaction adds four Canadian exploration projects but also increases Lightning's ordinary share base from roughly 29.4 million to about 66.8 million shares before warrants, fundamentally changing both its assets and ownership structure.