Kingfisher Metals Upsizes Private Placement to Support Expansion

The latest update is out from Kingfisher Metals ( (TSE:KFR) ).

Kingfisher Metals Corp. has announced an increase in its non-brokered private placement offering due to strong demand, aiming to raise gross proceeds of up to $1,850,000. The funds will be used to expand its business operations, including the acquisition of the Ball Creek West project, highlighting the company’s strategic growth initiatives in the mineral exploration sector.

More about Kingfisher Metals

Kingfisher Metals Corp. is a Canadian exploration company focused on copper-gold exploration in the Golden Triangle region of British Columbia. The company holds significant land positions, including the HWY 37 Project, and has two district-scale orogenic gold projects in the province.

YTD Price Performance: -11.00%

Average Trading Volume: 43,128

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$7.69M

See more data about KFR stock on TipRanks’ Stock Analysis page.