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E-Power Resources Completes Second Tranche of Private Placement

Story Highlights
  • E-Power Resources raised $163,800 in the second tranche of its private placement.
  • The funds will support E-Power’s operations, enhancing its position in the graphite industry.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

E-Power Resources, Inc. ( (TSE:EPR) ) has shared an announcement.

E-Power Resources Inc. has successfully closed the second tranche of its private placement, raising gross proceeds of $163,800 through the issuance of 3,276,000 units. The funds will be used for general working capital purposes, and the participation of an insider in this tranche highlights the company’s strategic financial maneuvers. This move is expected to bolster E-Power’s operational capabilities and enhance its market positioning within the graphite exploration industry.

More about E-Power Resources, Inc.

E-Power Resources Inc. is an exploration stage company focused on the acquisition, exploration, and development of graphite properties in Quebec. Its main asset is the Tetepisca Graphite Property, located in the Tetepisca Graphite District of the North Shore Region of Quebec, which has significant potential to host flake graphite resources.

YTD Price Performance: -30.77%

Average Trading Volume: 46,090

Technical Sentiment Signal: Buy

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

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