EV Minerals Seeks Financial Boost with Private Placement

EV Minerals Corporation (TSE:EVM) has released an update.

EV Minerals Corporation aims to enhance its financial flexibility through a non-brokered private placement targeting $1.2 million from up to 70.6 million common shares. The capital raised is earmarked for corporate strategy, working capital, and general corporate purposes. This move follows the company’s decision to abandon a previously announced private placement offer.

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