Canter Resources Completes Funding Round

Canter Resources Corp (TSE:CRC) has released an update.

Canter Resources Corp. has successfully completed its non-brokered private placement, raising a total of $3.45 million, which will fund the initial exploration phase of its Columbus Lithium-Boron Project. The final tranche brought in $250,000 with each unit sold at $0.50, providing investors with common shares and potential purchase warrants. The proceeds are earmarked for drilling and exploration, staking new claims, and general corporate expenses.

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