tiprankstipranks
Cleghorn Minerals Upsizes Private Placement to $210,000
Company Announcements

Cleghorn Minerals Upsizes Private Placement to $210,000

Story Highlights

Invest with Confidence:

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.

Related Articles
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