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Scotch Creek Ventures Launches $315,000 Private Placement to Boost Financial Position

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The latest update is out from Scotch Creek Ventures, Inc. ( (TSE:SCV) ).

Scotch Creek Ventures Inc. announced a private placement financing initiative, offering up to 7,000,000 units at $0.045 per unit, potentially raising $315,000. The funds will be utilized to address corporate debt and for working capital, which could strengthen the company’s financial position and support its strategic objectives in the lithium exploration sector.

More about Scotch Creek Ventures, Inc.

Scotch Creek Ventures Inc. is a mineral exploration company that focuses on the acquisition, exploration, and development of lithium projects. The company aims to establish itself as a leading lithium exploration entity in Clayton Valley, Nevada, a prominent lithium district in North America.

YTD Price Performance: -10.0%

Average Trading Volume: 18,299

Technical Sentiment Signal: Buy

Current Market Cap: C$533.6K

See more insights into SCV stock on TipRanks’ Stock Analysis page.

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