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Valleyview Resources Ltd. ( (TSE:VVR) ) just unveiled an announcement.
Valleyview Resources Ltd. has successfully closed the second and final tranche of a private placement offering involving subscription receipts of Shift Rare Metals Inc. The offering supports Valleyview’s plan to acquire all outstanding shares of Shift through an amalgamation agreement. The second tranche raised $708,450, bringing the total funds raised from both tranches to over $16 million. This funding is crucial for Valleyview’s strategic acquisition, enhancing its capabilities in the rare metals sector and potentially increasing its market competitiveness.
More about Valleyview Resources Ltd.
Valleyview Resources Ltd. operates within the resources sector, focusing on the acquisition and management of rare metals. The company is involved in the exploration and development of these metals, aiming to enhance its market position in the rare metals industry.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Strong Buy
Find detailed analytics on VVR stock on TipRanks’ Stock Analysis page.
