Makenita Resources, Inc. ( (TSE:KENY) ) has shared an announcement.
Makenita Resources Inc. has successfully completed a private placement financing, raising $490,000 through the issuance of 4,900,000 units. Each unit consists of one common share and one share purchase warrant, allowing holders to acquire additional shares. The proceeds from this financing will be used for general working capital and to support a larger marketing campaign as the company prepares for its maiden drill program. This development is expected to enhance Makenita’s operational capabilities and market presence.
More about Makenita Resources, Inc.
Makenita Resources Inc. is involved in the mining industry with a focus on the Hector Silver/Cobalt Property, which comprises 126 contiguous unpatented mineral claims covering 2,243 hectares in the Larder Lake Mining Division, Ontario, Canada.
YTD Price Performance: -35.00%
Average Trading Volume: 48,446
Learn more about KENY stock on TipRanks’ Stock Analysis page.