Appia Energy Closes $1.07M Private Placement

Appia Energy (TSE:API) has released an update.

Appia Rare Earths & Uranium Corp. has successfully closed a non-brokered private placement, raising $1,070,000 through the sale of working capital and critical mineral flow-through units. The funds will be directed towards general working capital, exploration of the PCH Project in Brazil, and Canadian exploration expenses in Saskatchewan. This strategic move aims to bolster the company’s financial standing and support its ongoing mineral exploration initiatives.

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