Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
AMV Capital Corp. ( (TSE:ABA) ) has shared an announcement.
Abasca Resources has strengthened its leadership team by appointing John Shmyr as vice president of engagement and communications, tasking him with overseeing community relations, environmental permitting and corporate communications as the Loki Flake Graphite Deposit moves toward the development stage. The company also closed a non-brokered flow-through private placement of 12 million shares for gross proceeds of $3 million, with significant participation from insiders, bolstering funding for ongoing exploration while underscoring internal confidence in the graphite project’s advancement.
More about AMV Capital Corp.
Abasca Resources Inc. is a Canadian mineral exploration company listed on the TSX Venture Exchange and focused on advancing its Loki Flake Graphite Deposit in Saskatchewan. The company’s activities center on exploration, environmental permitting and community engagement as it transitions the Loki project from discovery toward potential mine development in a region known for VMS and graphite prospects.
Average Trading Volume: 57,644
Technical Sentiment Signal: Hold
Current Market Cap: C$10.51M
For an in-depth examination of ABA stock, go to TipRanks’ Overview page.