Global Energy Metals Upsizes Successful Private Placement

Global Energy Metals Corporation (TSE:GEMC) has released an update.

Global Energy Metals Corporation successfully closes an upsized private placement, raising $649,500 through the sale of 21,650,000 units at $0.03 each, including common shares and warrants. The increased offering, enthusiastically received by strategic investors, will fund the company’s general corporate activities, exploration, and project holding costs, without significant allocation to any single purpose.

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