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Abacus Mining & Exploration ( (TSE:AME) ) has provided an announcement.
Abacus Mining & Exploration Corporation announced the successful completion of a non-brokered private placement, raising $470,000 through the issuance of 23,500,000 units at $0.02 per unit. This financial move supports Abacus’s ongoing projects, including their interests in copper and gold properties in B.C. and Nevada, potentially strengthening their market position and providing capital for future development.
More about Abacus Mining & Exploration
Abacus Mining & Exploration Corporation is a mineral exploration and mine development company focused on copper and gold in British Columbia and Nevada. The company has a 20% ownership interest in the proposed copper-gold Ajax Mine in B.C., a 100% interest in the Willow copper-molybdenum property, and a lease on the Nev-Lorraine copper-molybdenum property in Nevada.
Average Trading Volume: 45,937
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$2.98M
See more insights into AME stock on TipRanks’ Stock Analysis page.