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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.