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Moonbound Mining Secures Funds for Growth

Moonbound Mining Secures Funds for Growth

Moonbound Mining Ltd. (TSE:MML) has released an update.

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Moonbound Mining Ltd. has successfully completed the second tranche of its private placement offering, raising $1.348 million through the issuance of 4.493 million shares, with plans to finalize an additional tranche by the end of the month. The capital raised is earmarked for project advancement and general working capital. Each share was priced at $0.30, alongside the issuance of finders’ warrants, with a two-year expiration.

For further insights into TSE:MML stock, check out TipRanks’ Stock Analysis page.

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