Slam Exploration (TSE:SXL) has released an update.
SLAM Exploration Ltd. has launched a non-brokered private placement offering up to 6 million flow-through units at $0.025 each, aiming to raise $150,000 for funding exploration on its gold and base metal projects in New Brunswick, Canada. The flow-through units will include common shares and warrants, with the warrants allowing for additional share purchases at $0.05 over the next 24 months. This initiative underscores SLAM’s ongoing investment in its mineral-rich portfolio, including recent high-grade gold discoveries.
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