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Camino Minerals ( (TSE:COR) ) has issued an announcement.
Camino Minerals Corporation has restructured its C$2 million private placement to include a 6:1 consolidation of its common shares, subject to TSX Venture Exchange approval. This restructuring aims to strengthen the company’s financial position, with key stakeholders like Denham Capital and company insiders participating in the financing. The proceeds will support Camino’s working capital and exploration activities, including a new drilling campaign at the Los Chapitos copper property in Peru.
More about Camino Minerals
Camino Minerals Corporation is involved in the mining industry, focusing on mineral exploration and development. The company is particularly engaged in copper exploration at its Los Chapitos property in Peru and operates within the frameworks of the TSX Venture Exchange and the OTC markets.
YTD Price Performance: 12.50%
Average Trading Volume: 243,327
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$9.42M
For detailed information about COR stock, go to TipRanks’ Stock Analysis page.
