Sun Summit Minerals Corp. (TSE:SMN) has released an update.
Sun Summit Minerals Corp. has successfully completed a $2.5 million non-brokered private placement, issuing 25 million units at $0.10 each to fund their British Columbia mineral property interests and general capital needs. Insider participation included significant investments by company executives and a major shareholder, with all transactions complying with regulatory exemptions. The placement awaits final TSX Venture Exchange approval and the new securities will be on hold until August 26, 2024.
For further insights into TSE:SMN stock, check out TipRanks’ Stock Analysis page.
