Vortex Energy closes $1.5M private placement to fund exploration and operations.

Vortex Energy Corp. has completed a private placement, raising $1.5 million by issuing 5 million units at $0.30 each. Each unit includes one common share and one warrant exercisable at $0.45 for 24 months. The funds will support ongoing operations, including exploration at the Robinsons River Salt and Fire Eye properties, as well as general administrative costs. The company also issued 336,000 finder's warrants to facilitate the placement. This financing strengthens Vortex's position in advancing its mineral exploration projects in Canada.