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Tocvan Ventures Corp (TCVNF) is a structured exploration & development company focusing on opportunities in Mexico. The company holds interests in the Pilar Gold-Silver Project in Sonora, Mexico, covering over 21 sq km of prospective area. With about 51 million outstanding shares, Tocvan aims to create shareholder value through potential high-grade gold-silver deposits in the region.
Tocvan Ventures Corp. has closed an oversubscribed private placement, raising $420,560 in gross proceeds. The company issued 1,201,600 Units at $0.35 per Unit, resulting in total gross proceeds of $2,520,390. Tocvan also provided an update on the ongoing Reverse Circulation drill program at the Pilar Project in Sonora, Mexico, with first results expected soon.
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