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The latest update is out from US Critical Metals Corp. ( (TSE:USCM) ).
US Critical Metals Corp. announced a non-brokered private placement of up to 10 million units to raise approximately C$500,000. The proceeds are intended to fund exploration activities across its projects in lithium, rare earth elements, cobalt, vanadium, and uranium, as well as for general corporate purposes. This move signifies the company’s commitment to enhancing its project portfolio and strengthening its financial position, potentially impacting its operational capacities and market presence.
More about US Critical Metals Corp.
US Critical Metals Corp. is engaged in mining projects aimed at securing the U.S. supply of critical metals and rare earth elements, crucial for advancing the new age economy. The company holds options to acquire interests in several U.S.-based projects, including the Clayton Ridge Lithium Property in Nevada, Haynes Cobalt Property in Idaho, Sheep Creek in Montana, and Lemhi Pass in Idaho.
YTD Price Performance: -10.0%
Average Trading Volume: 170,851
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$5.68M
For detailed information about USCM stock, go to TipRanks’ Stock Analysis page.
