Empire Metals (TSE:EP) has released an update.
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Empire Metals Corp. has successfully completed a $500,000 private placement financing, issuing 20 million units to bolster its working capital and fund exploration efforts. Each unit includes a common share and a five-year warrant, with proceeds aimed at maintaining TSX Venture Exchange listing requirements and repaying debts. The company focuses on various mining projects in Canada, including the Buck Lake Platinum, Palladium, Nickel, Gold Project, and the Fox Creek Lithium Project.
For further insights into TSE:EP stock, check out TipRanks’ Stock Analysis page.
