Aztec Minerals (TSE:AZT) has released an update.
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Aztec Minerals Corp. successfully completed a non-brokered private placement financing, raising C$2.575 million through the sale of over 14 million units at C$0.18 each, which includes common shares and half purchase warrants. These funds will support drilling at the Tombstone Project, expenses at the Cervantes Project, and general corporate needs. The offering also involved payments to finders and participation from an insider of the company.
For further insights into TSE:AZT stock, check out TipRanks’ Stock Analysis page.