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An announcement from Lode Metals Corp. ( (TSE:MINA) ) is now available.
Minas Metals Ltd., a company listed on the Canadian Securities Exchange, has successfully completed a non-brokered private placement, raising $600,000 through the sale of 12,000,000 common shares at $0.05 per share. The funds raised will be used for general working capital purposes, and the offering is still subject to final acceptance from the Canadian Securities Exchange. This strategic move highlights the company’s efforts to strengthen its financial position, though the shares will be subject to a statutory hold period.
More about Lode Metals Corp.
YTD Price Performance: 24.00%
Average Trading Volume: 14,374
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$3.86M
For an in-depth examination of MINA stock, go to TipRanks’ Stock Analysis page.