Maclaren Minerals Ltd. ( (TSE:SCU) ) has shared an update.
Sankamap Metals Inc. has successfully completed a non-brokered private placement financing, raising gross proceeds of $869,799 through the sale of 7,248,331 units. The funds will be used for exploration and development of the company’s projects and general working capital, potentially enhancing its operations and shareholder value.
More about Maclaren Minerals Ltd.
Sankamap Metals Inc. is a Canadian mineral exploration company focused on discovering and developing high-grade copper and gold deposits in the South Pacific. The company operates fully permitted assets strategically located in the Solomon Islands, along a trend of major copper-gold deposits, including Newcrest’s Lihir Mine.
YTD Price Performance: 100.0%
Average Trading Volume: 131,708
Technical Sentiment Signal: Strong Sell
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