An announcement from Lexston Life Sciences Corp. ( (TSE:LEXT) ) is now available.
Lexston Mining Corporation has announced a non-brokered private placement to raise up to $196,000 through the sale of 2,450,000 units priced at $0.08 each. The proceeds will be used for general working capital, with the issuance subject to Canadian Securities Exchange filing requirements and a four-month statutory hold period. This move could potentially strengthen Lexston’s financial position and support its ongoing mineral exploration projects, reinforcing its market presence.
More about Lexston Life Sciences Corp.
Lexston Mining Corporation is a Canadian mineral exploration company focused on acquiring and developing mineral projects in British Columbia and Nunavut, Canada, aiming to enhance value for all stakeholders. It trades on the OTCQB Venture Market, which caters to early-stage and developing companies in the U.S. and internationally, ensuring compliance with reporting and management certification processes.
YTD Price Performance: -60.0%
Average Trading Volume: 40,730
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$491.3K
Learn more about LEXT stock on TipRanks’ Stock Analysis page.