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The latest update is out from Pacific American Holdings Ltd. ( (AU:AVM) ).
Advance Metals Limited has successfully raised $13 million through a placement to institutional investors, including significant contributions from Jupiter Asset Management and Tribeca Investment Partners. This funding will accelerate exploration across its silver-gold portfolio in Mexico and gold projects in Victoria, positioning the company for growth and a potential dual-listing in North America.
More about Pacific American Holdings Ltd.
Advance Metals Limited operates in the precious metals industry, focusing on high-grade silver and gold exploration projects. The company has significant assets in Mexico and Victoria, Australia, and aims to expand its silver and gold endowment through aggressive exploration programs.
Average Trading Volume: 5,782,996
Technical Sentiment Signal: Hold
Current Market Cap: A$31.24M
See more data about AVM stock on TipRanks’ Stock Analysis page.