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Abasca Resources Completes Winter Program and Announces $1.25 Million Private Placement

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AMV Capital Corp. ( (TSE:ABA) ) has issued an announcement.

Abasca Resources Inc. has successfully completed its 2025 Winter Program at the Key Lake South Project, confirming strong graphite mineralization at the Loki Flake Graphite Deposit. The company also announced a non-brokered private placement aiming to raise $1.25 million to fund further exploration and development activities, including environmental and hydrological studies, which could enhance its market positioning and operational capabilities.

More about AMV Capital Corp.

Abasca Resources Inc. operates in the mining industry, focusing on the exploration and development of graphite deposits. The company is primarily engaged in activities at its Key Lake South Project, which includes the Loki Flake Graphite Deposit.

Average Trading Volume: 6,653

Technical Sentiment Signal: Sell

Current Market Cap: C$12.91M

For a thorough assessment of ABA stock, go to TipRanks’ Stock Analysis page.

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