Moonbound Mining Ltd. (TSE:MML) has released an update.
Moonbound Mining Ltd. has successfully completed the fourth tranche of its private placement, raising $561,000 through the issue of 1,870,000 common shares at $0.30 each, contributing to an aggregate of $6,643,400 raised so far. The company is gearing up to close a final tranche soon, with the proceeds earmarked for project advancement and general working capital. This marks a significant step for the mineral exploration firm, which is involved in projects across British Columbia, Namibia, and South Africa.
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