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The latest announcement is out from Affinity Metals ( (TSE:AFF) ).
Affinity Metals Corp. has successfully completed a non-brokered private placement, raising $180,000 through the issuance of 12,000,000 units. This financing round included significant participation from company insiders, who contributed $93,000, marking it as a related party transaction. The funds raised will support the company’s ongoing exploration and development activities, potentially enhancing its market position within the strategic metals sector.
More about Affinity Metals
Affinity Metals Corp. is engaged in the acquisition, exploration, and development of strategic metal deposits in North America. The company holds the Regal Property in British Columbia and the Windfall North Property in Quebec.
Average Trading Volume: 10,883
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$807.9K
For a thorough assessment of AFF stock, go to TipRanks’ Stock Analysis page.