Baselode Energy closes C$6M bought deal

Baselode Energy Corp (TSX-V:FIND, OTCQB:BSENF) announced the successful closing of its private placement, raising C$6 million in gross proceeds. This includes the full exercise of the Underwriter's over-allotment option, totaling C$1 million. The offering comprised 2,222,222 units and 7,692,308 flow-through units, each consisting of common shares and warrants. Red Cloud Securities acted as the sole underwriter and bookrunner. Each warrant entitles the holder to purchase one common share at C$0.65 until February 14, 2026.