Vital Battery Metals, Inc. ( (TSE:VBAM) ) has issued an announcement.
Vital Battery Metals Inc. announced a non-brokered private placement to raise up to $1,083,333 through the issuance of 16,666,667 units, each comprising one common share and one transferrable common share purchase warrant. The funds will be allocated towards exploration on the company’s property and general working capital, potentially impacting its operational capabilities and market positioning. The placement will be offered to qualified investors under specific securities legislation exemptions, with a hold period on issued securities.
More about Vital Battery Metals, Inc.
Vital Battery Metals Inc. is a mineral exploration company focused on developing strategic projects involving battery, base, and precious metals in stable jurisdictions. The company is advancing its Sting Copper Project, which spans approximately 12,700 hectares and is located in a region known for significant mineral occurrences, including volcanogenic massive sulfide, copper quartz vein lode, and low sulphation epithermal gold showings.
YTD Price Performance: -55.26%
Average Trading Volume: 41,370
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$4.24M
See more data about VBAM stock on TipRanks’ Stock Analysis page.