Orosur Mining ( (TSE:OMI) ) has issued an announcement.
Orosur Mining Inc. has successfully closed a brokered private placement, raising C$6 million to advance its Anzá exploration project in Colombia and for general corporate purposes. The offering, which saw high investor demand, involved the sale of 35,294,117 units, each consisting of one common share and one-half of a common share purchase warrant. The proceeds are expected to bolster Orosur’s exploration efforts and enhance its market position in the minerals industry.
More about Orosur Mining
Orosur Mining Inc. is a minerals explorer and developer operating in Colombia, Argentina, and Nigeria. The company focuses on gold exploration and development, with its key project being the Anzá Project in Colombia, which spans approximately 380km2 in the Mid-Cauca belt.
YTD Price Performance: 100.74%
Average Trading Volume: 2,148,042
Technical Sentiment Signal: Sell
Current Market Cap: £35.83M
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