Arizona Sonoran Completes Multimillion-Dollar Public Offering

Arizona Sonoran Copper Co., Inc. (TSE:ASCU) has released an update.

Arizona Sonoran Copper Co., Inc. has successfully completed a C$34.5 million public offering, including a full exercise of the over-allotment option by underwriters, to issue over 23 million common shares. The proceeds from this offering will be used primarily for the exploration and development of the Cactus Mine Project, as well as for general corporate expenses.

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