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Mawson Finland Launches C$5 Million Private Placement to Advance Gold-Cobalt Exploration

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Mawson Finland Launches C$5 Million Private Placement to Advance Gold-Cobalt Exploration

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Mawson Finland Limited ( (TSE:MFL) ) has issued an announcement.

Mawson Finland Limited announced a brokered private placement to raise up to C$5,000,000 through the issuance of common shares. The funds are intended to advance the Rajapalot Gold-Cobalt Project and support general working capital. The offering is expected to close by March 5, 2025, pending necessary approvals.

More about Mawson Finland Limited

Mawson Finland Limited is an exploration stage mining development company focused on acquiring and exploring precious and base metal properties in Finland, with a primary emphasis on gold and cobalt. The company holds a 100% interest in the Rajapalot Gold-Cobalt Project, which is part of the larger Rompas-Rajapalot Property, consisting of multiple exploration permits and applications.

YTD Price Performance: 20.69%

Average Trading Volume: 18,990

Technical Sentiment Consensus Rating: Strong Sell

See more insights into MFL stock on TipRanks’ Stock Analysis page.

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