Mogotes Metals Inc. (TSE:MOG) has released an update.
Mogotes Metals Inc. has successfully completed the initial portion of its private placement, gathering approximately $2.57 million by issuing over 18 million units at $0.14 each. These funds are earmarked for the exploration and development of the Filo Sur property. The offering includes common shares and warrants, with each warrant allowing the purchase of additional shares at a set price until January 2027.
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