Emperor Metals, Inc. (TSE:AUOZ) has released an update.
Emperor Metals Inc. has launched a non-brokered private placement of over 5 million flow-through shares, aiming to raise approximately $1.4 million for their Canadian exploration efforts. These funds are slated to support mining expenditures, particularly in Quebec, where they have existing projects. The shares will be offered at a fixed price and are subject to a four-month holding period, with the proceeds designated for exploration expenses that qualify under Canadian tax law.
For further insights into TSE:AUOZ stock, check out TipRanks’ Stock Analysis page.
