Alaska Energy Metals Surpasses Funding Goals

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

Alaska Energy Metals Corporation successfully closed an oversubscribed first tranche at $3.3 million, surpassing the initial $3.0 million goal, and has upscaled the special warrant offering to $3.5 million. Additionally, the company has launched a new private placement valued at $341,250. This financial move entails special warrants converting into units comprising a common share and a purchase warrant, enhancing the company’s capital structure.

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