Sendero Resources Announces $3 Million Offering

Vancouver, BC / ACCESSWIRE / May 23, 2024 / Sendero Resources Corp. (TSXV:SEND) has announced the filing of a shelf prospectus supplement for a non-brokered offering of up to 37.5 million units at $0.08 per unit, totaling $3 million in gross proceeds.

Each unit includes one common share and half of a common share purchase warrant. Each whole warrant permits the acquisition of one common share at $0.12 within 24 months from issuance. The offering is expected to close by June 7, 2024, pending necessary approvals.

Proceeds will fund exploration, maintenance, development of company properties, and general working capital. Details are available in the Prospectus Supplement and the accompanying base shelf prospectus on SEDAR+.