Genius Metals, Inc. (TSE:GENI) has released an update.
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Genius Metals Inc. has successfully closed the first tranche of a non-brokered private placement, raising $700,000 through 8.75 million units at $0.08 each. The funds will be directed towards developing projects in Québec and Morocco, as well as general working capital. The offering awaits final approval from the TSX Venture Exchange.
For further insights into TSE:GENI stock, check out TipRanks’ Stock Analysis page.
