Sterling Metals Upsizes Private Placement to Boost Copper Road Project

An update from Sterling Metals ( (TSE:SAG) ) is now available.

Sterling Metals has announced an increase in its non-brokered private placement, now offering up to 5,200,000 units at $0.25 per unit, aiming to raise $1,300,000. This move, driven by strong shareholder demand, supports the company’s Copper Road Project as it prepares for its inaugural drilling program, indicating confidence in its potential and strategic positioning in the mineral exploration industry.

More about Sterling Metals

Sterling Metals Corp. is a mineral exploration company focused on large-scale and high-grade Canadian exploration opportunities. The company is advancing the Copper Road Project in Ontario, which features past production and multiple breccia and porphyry targets, and the Adeline Project in Labrador, covering a sediment-hosted copper belt with significant silver credits.

YTD Price Performance: -18.33%

Average Trading Volume: 26,201

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$6.09M

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