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Sendero Resources Launches Private Placement Initiative
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Sendero Resources Launches Private Placement Initiative

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Sendero Resources Corp. (TSE:SEND) has released an update.

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Sendero Resources Corp. has announced a non-brokered private placement to raise up to $1.68 million, offering investors units priced at $0.12 each, which include a common share and a warrant. The funds will be used to develop its mineral property interests in Argentina and for general corporate purposes. This strategic move aims to bolster the company’s exploration efforts in the promising Vicuña Belt.

For further insights into TSE:SEND stock, check out TipRanks’ Stock Analysis page.

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