Grizzly Discoveries arranges $1.08M private placement

The signal: Grizzly Discoveries' C$1.08M raise underscores the continued willingness of private investors to back early-stage Canadian mineral explorers, even as the company — with roughly 63 million shares already issued — faces further dilution. For junior miners on the TSX Venture Exchange, these modest placements remain one of the few viable funding routes in the absence of revenue.

Read more: stockwatch.com