DLP Resources Targets $6 Million in Funding Round
Company Announcements

DLP Resources Targets $6 Million in Funding Round

Dlp Resources Limited (TSE:DLP) has released an update.

DLP Resources Inc. is set to bolster its financial position by launching a brokered private placement with the goal of raising $6 million. The funds from the sale of up to 15 million units at $0.40 each will primarily support exploration and development activities. Investors are enticed with an additional option for agents to sell up to 2.25 million units, with the offering expected to close on May 3, 2024.

For further insights into TSE:DLP stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskDLP Resources Corrects Drill Results, Expands Peru Project
TipRanks Canadian Auto-Generated NewsdeskDLP Resources Reveals Strong Mineralization
TipRanks Canadian Auto-Generated NewsdeskDLP Resources Advances Critical Metals Drilling
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!