Radisson Announces Final Closing of Previously Announced $7 Million Oversubscribed Private Placement

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ROUYN-NORANDA, Quebec, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Radisson Mining Resources Inc. (TSX-V: RDS, OTCQB: RMRDF) (“Radisson” or the “Corporation”) is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement (the “Offering”). Pursuant to the closing of this second tranche, Radisson issued (i) 2,777,778 Charity flow-through Units of the Corporation (the “CFT Units”) at a price of $0.47 per CFT Unit. Gross proceeds of the second tranche is $1,305,555.66, representing to the Corporation, in addition to the first tranche, total Gross proceeds of $7,000,000.24.

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