Turmalina Metals Corporation (TSE:TBX) has released an update.
Turmalina Metals Corporation is set to raise $1.5 million through a non-brokered private placement, issuing 15 million units at $0.10 each, which includes a common share and a purchase warrant. The proceeds will support ongoing property costs and general capital needs, with resale restrictions on the securities for four months and a day after issuance.
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