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Yukon Metals Corp. Announces C$5 Million Private Placement

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Yukon Metals Corp. Announces C$5 Million Private Placement

An announcement from JKS Resources, Inc. ( (TSE:YMC) ) is now available.

Yukon Metals Corp., a company listed on the Canadian Securities Exchange, has announced a private placement agreement with Cormark Securities Inc. and Canaccord Genuity Corp. to raise up to C$5 million. The funds raised will be used for working capital and general corporate purposes, with the offering expected to close by April 9, 2025. This move is anticipated to strengthen Yukon Metals’ financial position and provide flexibility for future operations.

More about JKS Resources, Inc.

YTD Price Performance: 17.65%

Average Trading Volume: 79,178

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$39.48M

For detailed information about YMC stock, go to TipRanks’ Stock Analysis page.

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