Callinex Mines Secures Key Funding for Copper Project
Company Announcements

Callinex Mines Secures Key Funding for Copper Project

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

Callinex Mines Inc. has been awarded a $250,000 grant by the Manitoba Mineral Development Fund to further the development of their Pine Bay Project, which aims to strengthen the economy and support the green energy transition by exploiting high-grade copper discoveries. The company has received over $1 million in grants since 2020 and continues to explore for extensions to existing deposits. The grant will finance critical long lead items to facilitate permitting and potential future mine development, signaling the Manitoba government’s support for the project’s vision to generate jobs and economic growth.

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
TipRanks Canadian Auto-Generated NewsdeskCallinex Mines Secures $2.1M in Oversubscribed Financing
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