Corcel Exploration, Inc. ( (TSE:CRCL) ) just unveiled an update.
Corcel Exploration Inc. announced a non-brokered private placement to raise up to $750,000 through the issuance of 5,000,000 units, each consisting of a common share and a warrant. The proceeds will be used for exploration and working capital, with the offering expected to close by March 28, 2025. This move aims to bolster Corcel’s financial resources for its ongoing projects, potentially enhancing its market position in the mineral exploration industry.
More about Corcel Exploration, Inc.
Corcel Exploration Inc. is a mineral resource company focused on acquiring and exploring precious and base metals properties across North America. The company has a long-term lease agreement for the Yuma King Copper-Gold project in Arizona and holds interests in the Peak gold exploration project and the Willow copper project.
YTD Price Performance: -6.25%
Average Trading Volume: 41,083
Technical Sentiment Consensus Rating: Sell
Find detailed analytics on CRCL stock on TipRanks’ Stock Analysis page.