Musk Metals (TSE:MUSK) has released an update.
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Musk Metals Corp. plans to address $342,000 in payables by issuing a total of 7,816,744 common shares, priced between $0.043 to $0.05 each, which will be subject to a statutory hold period. The company is engaged in the exploration of mineral properties in Canada’s notable mining regions, aiming to develop discovery-stage prospects. The share issuance is part of the company’s ongoing financial strategy to manage its accounts payable.
For further insights into TSE:MUSK stock, check out TipRanks’ Stock Analysis page.