Vizsla Copper ( (TSE:VCU) ) has issued an update.
Vizsla Copper announced a non-brokered private placement to raise up to C$2.5 million through the sale of hard dollar units and flow-through units. The funds from the hard dollar units will be used for working capital and corporate purposes, while proceeds from the flow-through units will finance eligible exploration expenses in British Columbia. The offering is expected to close by mid-May 2025, pending necessary approvals, and aims to strengthen the company’s financial position for its exploration projects.
More about Vizsla Copper
Vizsla Copper is a mineral exploration and development company based in Vancouver, Canada, focusing on copper, gold, and molybdenum. The company is primarily engaged with its Woodjam project in British Columbia and also manages three other copper properties: Poplar, Copperview, and Redgold. Vizsla Copper aims to explore and develop its copper properties and pursue value-accretive acquisitions, with a commitment to socially responsible practices.
YTD Price Performance: 12.50%
Average Trading Volume: 164,401
Technical Sentiment Signal: Buy
Current Market Cap: $10.73M
For detailed information about VCU stock, go to TipRanks’ Stock Analysis page.