Eagle Mountain Mining Ltd. (AU:EM2) has released an update.
Eagle Mountain Mining Ltd. has successfully completed a capital raising venture, securing A$1.1 million through the issuance of over 18 million new shares and options to institutional investors. This funding will accelerate exploration at the Silver Mountain and Oracle Ridge projects in Arizona, especially with promising discoveries of various minerals and the supportive copper market. The company is advancing its efforts amidst a strong copper price trend, projecting an optimistic future for their endeavors in the renowned mining region of Arizona.
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