Madison Metals, Inc. (TSE:GREN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Madison Metals Inc. has successfully completed the second tranche of its non-brokered private placement, raising CDN$301,000 by issuing 860,000 units at CDN$0.35 each. This follows the first tranche which raised CDN$1,074,360. The proceeds will primarily fund drilling activities at the Khan uranium discovery in Namibia, alongside acquisition costs and general corporate expenses.
For further insights into TSE:GREN stock, check out TipRanks’ Stock Analysis page.