Magna Mining (TSE:NICU) has released an update.
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Magna Mining Inc. successfully closed a private placement, raising approximately $21.85 million through the sale of over 20 million common shares. The funds will be used to advance their Sudbury projects and for general corporate purposes, marking a significant step in the company’s growth strategy.
For further insights into TSE:NICU stock, check out TipRanks’ Stock Analysis page.
