RT Minerals (TSE:RTM) has released an update.
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RT Minerals Corp. is set to raise $500,000 through a non-brokered private placement of over 5.5 million units, aimed at enhancing the company’s working capital and furthering the development of its mineral properties in Ontario. Each unit, priced at $0.09, includes a common share and a purchase warrant, exercisable at $0.12, valid for 24 months.
For further insights into TSE:RTM stock, check out TipRanks’ Stock Analysis page.