Callinex Mines Secures $2.1M in Oversubscribed Financing
Company Announcements

Callinex Mines Secures $2.1M in Oversubscribed Financing

Story Highlights

Callinex Mines (TSE:CNX) has released an update.

Callinex Mines Inc. has successfully completed an oversubscribed private placement financing, raising $2.1 million which exceeded the initial target by $594,409. The raised funds will be allocated to Canadian exploration expenses for the Pine Bay Project in Manitoba and to general corporate purposes, with securities issued under this placement being restricted from resale for four months and a day.

For further insights into TSE:CNX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskCallinex Mines Launches 2024 Pine Bay Exploration
TipRanks Canadian Auto-Generated NewsdeskCallinex Mines Secures Full Interest in Alberts Lake
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App