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Huntsman Exploration Secures $410,000 in Private Placement

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Huntsman Exploration Secures $410,000 in Private Placement

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The latest announcement is out from Huntsman Exploration ( (TSE:HMAN) ).

Huntsman Exploration Inc. has successfully closed a non-brokered private placement, raising $410,000 through the issuance of 13,666,666 units at $0.03 per unit. The funds will predominantly be allocated towards Canadian property costs, administrative expenses, and general working capital, with minimal disbursement to related parties and none for investor relations, potentially strengthening the company’s financial position and operational capabilities.

More about Huntsman Exploration

Huntsman Exploration Inc. operates within the exploration industry, focusing on the development and exploration of mineral properties. The company primarily engages in activities related to the acquisition, exploration, and development of mineral resource properties, aiming to identify and utilize valuable mineral deposits.

YTD Price Performance: 125.00%

Average Trading Volume: 39,967

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$1.44M

For an in-depth examination of HMAN stock, go to TipRanks’ Stock Analysis page.

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