tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

37 Capital Secures $178,500 in First Tranche of Private Placement

Story Highlights
37 Capital Secures $178,500 in First Tranche of Private Placement

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

37 Capital ( (TSE:JJJ) ) just unveiled an update.

37 Capital Inc. has successfully closed the first tranche of its private placement, raising $178,500 by issuing 2,550,000 units at $0.07 each. Each unit includes one common share and a warrant to purchase another share at $0.10 within three years. The funds will be used for general working capital, and the securities are subject to a hold period until December 29, 2025. The move is part of the company’s strategy to strengthen its financial position and support ongoing operations.

More about 37 Capital

37 Capital Inc. operates in the mining industry, focusing on the exploration and development of mineral properties. The company is based in Vancouver, BC, and is listed on the Canadian Securities Exchange under the symbol JJJ.

Average Trading Volume: 107,318

Technical Sentiment Signal: Buy

Current Market Cap: C$1.52M

See more insights into JJJ stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1