American West Metals Ltd. (AU:AW1) has released an update.
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American West Metals Ltd. has secured A$7.0 million in funding through an institutional placement, aimed at advancing its Storm Copper Project in Canada. The funds will be used for upgrading the Mineral Resource Estimate, conducting PEA/PFS level studies, and supporting the 2025 project development and exploration program. The successful capital raise, backed by strong investor support, positions the company to further explore and develop Storm, with several key milestones and updates expected in the near future.
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