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Auric Minerals Secures Funding for Expansion and Exploration

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Auric Minerals Corp. ( (TSE:AUMC) ) has provided an announcement.

Auric Minerals Corp. has announced a non-brokered financing of convertible debenture units for up to $1,000,000 and has raised $429,021 from exercised warrants. The funds raised will be directed towards exploration, technical work, potential asset acquisition, and general corporate purposes, strengthening the company’s position in the critical minerals sector.

More about Auric Minerals Corp.

Auric Minerals Corp. is a critical minerals exploration company based in Oakville, Ontario. It holds options over the Route 500 and Bub Uranium Properties in Labrador, and the Goodeye Property in British Columbia, Canada.

YTD Price Performance: -68.25%

Average Trading Volume: 727,189

Technical Sentiment Consensus Rating: Sell

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

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