Myriad Metals Corp (TSE:M) has released an update.
Myriad Uranium Corp. successfully completed the first tranche of its non-brokered private placement, raising $2.91 million by issuing units at $0.25 each, with proceeds aimed at funding its upcoming exploration drill program and general capital needs. The company emphasized the addition of strategic investors and highlighted immediate plans to commence a surface magnetometer survey. Shares and warrants issued are subject to a four-month hold period, as the firm gears up for further exploration of its Copper Mountain Uranium Project.
For further insights into TSE:M stock, check out TipRanks’ Stock Analysis page.
