Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest update is out from Millrock Resources ( (TSE:AEMC) ).
Alaska Energy Metals Corporation has successfully closed a flow-through unit financing, raising $500,020 to fund exploration at its Angliers – Belleterre project in Quebec. The proceeds will be used for geological mapping, prospecting, sampling, and potential drilling, focusing on the Rapids/McBride and Vaseux prospects, which show promising signs of mineralization. This strategic financing positions AEMC to advance its exploration efforts, potentially enhancing its resource base and strengthening its position in the strategic metals market.
More about Millrock Resources
Alaska Energy Metals Corporation (AEMC) is an Alaska-based company with offices in Anchorage and Vancouver. It focuses on delivering critical materials for national security and energy needs, aiming to generate superior returns for shareholders. AEMC’s primary project is the Nikolai Project in Interior Alaska, which is rich in nickel, copper, cobalt, chromium, iron, platinum, palladium, and gold. The company also has a secondary project in Quebec, the Angliers – Belleterre project.
Average Trading Volume: 156,881
Technical Sentiment Signal: Sell
Current Market Cap: C$15.4M
Learn more about AEMC stock on TipRanks’ Stock Analysis page.