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Alaska Energy Metals Launches $10 Million At-The-Market Offering

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Alaska Energy Metals Launches $10 Million At-The-Market Offering

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Millrock Resources ( (TSE:AEMC) ) has issued an update.

Alaska Energy Metals Corporation, a company listed on the TSX Venture Exchange, has announced an at-the-market equity offering of up to $10 million through Haywood Securities Inc. The offering, which enables the company to sell common shares at market prices directly on recognized Canadian marketplaces, will provide Alaska Energy Metals with flexibility in managing its capital requirements. This move is expected to impact the company’s market positioning by potentially increasing its capital base, allowing for strategic investments or operational expansions.

More about Millrock Resources

YTD Price Performance: 25.00%

Average Trading Volume: 223,227

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$23.1M

See more insights into AEMC stock on TipRanks’ Stock Analysis page.

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