Madoro Metals Corp (TSE:MDM) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Madoro Metals Corp. is advancing its non-brokered private placement, aiming to raise $305,000 by selling units at $0.02 each, with each unit comprising a common share and a half warrant, which can be exercised at $0.05. The proceeds will support exploration of the company’s properties, cover obligations under property option agreements, and provide working capital. This financing is pending approval from the TSX Venture Exchange and securities will have a statutory hold period.
For further insights into TSE:MDM stock, check out TipRanks’ Stock Analysis page.