Abasca Resources Secures $3.65M in Private Placement

AMV Capital Corp. (TSE:ABA) has released an update.

Abasca Resources Inc. has successfully completed a non-brokered private placement, raising $3.65 million through the sale of over 21 million units. The funds will support exploration activities at Abasca’s Key Lake South Uranium Project and cover general corporate expenses. The offering, which includes common shares and warrants, involved no finders’ fees and included investments from related parties under regulatory exemptions.

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