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DLP Resources Extends Private Placement and Issues New Equity Awards
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DLP Resources Extends Private Placement and Issues New Equity Awards

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DLP Resources ( (TSE:DLP) ) has provided an update.

DLP Resources Inc. has received an extension from the TSX Venture Exchange to complete its non-brokered private placement aiming to raise up to $2.1 million by January 31, 2025. The funds raised will be used primarily for its Peru projects and general administration. Additionally, the company has granted stock options, restricted share units, and deferred share units to its directors and officers, which could impact the company’s equity structure.

More about DLP Resources

DLP Resources Inc. is a company listed on the TSX Venture Exchange, engaged in the natural resources sector. It focuses on the exploration and development of mineral projects, with a particular interest in projects located in Peru.

YTD Price Performance: -13.85%

Average Trading Volume: 6,625

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $15.96M

See more insights into DLP stock on TipRanks’ Stock Analysis page.

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