African Energy Metals (TSE:CUCO.H) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
African Energy Metals has successfully closed its fully subscribed private placement, raising CAD $500,000 to enhance working capital and settle debts. The company issued 10 million units at CAD $0.05 each, with attached warrants, and also settled $60,000 of debt through share issuance. These moves aim to strengthen the company’s financial position without creating a new control person.
For further insights into TSE:CUCO.H stock, check out TipRanks’ Stock Analysis page.