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Cleghorn Minerals ( (TSE:CZZ) ) has issued an announcement.
Cleghorn Minerals Ltd. has announced an increase in its private placement financing, raising gross proceeds of $210,000 by issuing 4,200,000 units at $0.05 per unit. Each unit consists of one common share and a warrant, with securities subject to a hold period of four months and one day. The proceeds will be used for general corporate purposes, and directors and officers of the company will participate in the offering, which is pending acceptance by the TSX Venture Exchange.
More about Cleghorn Minerals
Cleghorn Minerals Ltd. is a junior mineral exploration company that holds a 100% interest in the Meech Lake – Matachewan Prospect, located in northeastern Ontario. The company is focused on mineral exploration and development, aiming to capitalize on its strategic property holdings in the region.
YTD Price Performance: 0.0%
Average Trading Volume: 77,256
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$2.93M
Learn more about CZZ stock on TipRanks’ Stock Analysis page.