Arctic Star Exploration (TSE:ADD) has released an update.
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Arctic Star Exploration has successfully closed a non-brokered private placement, raising $234,650 through the sale of 15,643,334 units at $0.015 per unit. The funds will be used for general working capital and trade payables, with each unit including a common share and a share purchase warrant. This move highlights Arctic Star’s focus on expanding its diamond exploration activities.
For further insights into TSE:ADD stock, check out TipRanks’ Stock Analysis page.