Madoro Metals Corp (TSE:MDM) has released an update.
Madoro Metals Corp. has successfully completed a non-brokered private placement, raising $305,000 through the issuance of 15,250,000 units at $0.02 each. These funds are earmarked for exploration on the company’s properties, administrative expenses, and working capital needs. The securities from this placement will be under a statutory hold period until September 15, 2024.
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