Sokoman Minerals Unveils $24 Million Private Placement of Common Shares, Spearheaded by Eric Sprott

Sokoman Minerals Corp. Offering Announcement: Sokoman Minerals Corp. has entered into a bought deal private placement agreement for 53 million common shares at C$0.19 each, aiming to raise C$10.07 million, alongside 53 million flow-through shares at C$0.265 each for C$14.05 million, with participation from major shareholder Eric Sprott.

Use of Proceeds and Tax Implications: The proceeds from the common shares will be used for property acquisitions and working capital, while the flow-through shares' proceeds will fund Canadian exploration expenses, with specific tax implications and indemnities outlined for subscribers in case of non-renouncement of qualifying expenditures.