1844 Resources Inc (TSE:EFF) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
1844 Resources Inc. has successfully closed a non-brokered private placement, raising approximately $456,500 through the issuance of flow-through units. The company plans to use the proceeds for resource exploration expenses in Canada. Additionally, 1844 Resources intends to increase another private placement to $700,000, pending exchange approval.
For further insights into TSE:EFF stock, check out TipRanks’ Stock Analysis page.