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Halcones Precious Metals Launches $2.5M Private Placement to Fund Exploration

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Halcones Precious Metals Launches $2.5M Private Placement to Fund Exploration

Halcones Precious Metals Corp ( (TSE:HPM) ) has shared an announcement.

Halcones Precious Metals Corp. has announced a private placement offering to raise up to $2.5 million through the sale of units comprising common shares and purchase warrants. The proceeds will be used to advance exploration on the Polaris Project and for general corporate purposes. The offering, scheduled to close by March 25, 2025, is subject to regulatory approvals and is aimed at Canadian investors, excluding Quebec. This move is expected to bolster Halcones’ exploration efforts and strengthen its position in the precious metals sector.

More about Halcones Precious Metals Corp

Halcones Precious Metals Corp. is focused on exploring and developing gold-silver projects in Chile, leveraging a team with a strong background of exploration success in the region.

YTD Price Performance: 87.50%

Average Trading Volume: 317,360

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$11.74M

For detailed information about HPM stock, go to TipRanks’ Stock Analysis page.

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