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The latest announcement is out from African Energy Metals ( ($TSE:CUCO.H) ).
African Energy Metals has amended its private placement terms to increase the issuance to up to 15,000,000 units at CAD $0.10 per unit, aiming to raise up to CAD $1,500,000. The proceeds will fund additional work on the Niñobamba silver gold project and general working capital, with the financing subject to regulatory approvals.
More about African Energy Metals
African Energy Metals is a natural resource company focused on the acquisition, exploration, development, and operation of precious metal mining exploration projects. The company’s primary focus is on exploring and developing the advanced Niñobamba silver gold project in Peru, a mining supportive country.
YTD Price Performance: 2.67%
Technical Sentiment Signal: Hold
Current Market Cap: $1.42M
For detailed information about CUCO.H stock, go to TipRanks’ Stock Analysis page.