1111 Exploration Corp (TSE:TMIN) has released an update.
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Teako Minerals Corp. has increased its non-brokered private placement from $580,000 to $900,000 due to high investor interest, successfully closing the first tranche at approximately $579,600. This initial round saw participation mainly from Danish investors and a returning Norwegian investor, reflecting strong local support for Teako’s expanding exploration activities in Norway. The funds raised will propel the company’s mineral exploration programs in Norway and Finland and support general working capital needs.
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