Nine Mile Metals Ltd (TSE:NINE) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Nine Mile Metals Ltd has successfully raised $160,000 through a private placement, issuing 4,571,429 flow-through units priced at $0.035 each. Proceeds will be used for exploration projects at their Wedge and California Lake properties, taking advantage of flow-through mining expenditure benefits. This strategic move aligns with their focus on critical minerals essential for green technologies.
For further insights into TSE:NINE stock, check out TipRanks’ Stock Analysis page.