Black Mammoth Metals (TSE:BMM) has released an update.
Black Mammoth Metals Corporation has successfully completed the final tranche of its private placement, raising a total of $540,000 from the sale of 4,500,000 units to fund its mining projects and general company needs. Notably, new insider Olivier Tielens has significantly invested in the company, now holding an 18.8% stake. The proceeds are earmarked for development of the Happy Cat gold property in Nevada, the America Mine property in California, and potential acquisitions.
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