07:13 AM EDT, 07/03/2025 (MT Newswires) -- Minsud Resources ( MDSQF ) overnight Wednesday closed its previously announced non-brokered private placement offering of common shares in the company for total gross proceeds of $848,706, issuing 1,146,900 common shares at a price of $0.74 each.

It said the net proceeds will be used to continue exploring the Chita Valley Project as well as working capital and corporate overhead requirements.

MSR was unchanged yesterday at $0.65.