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Armory Mining ( (TSE:ARMY) ) has issued an announcement.
Armory Mining Corp. has closed a non-brokered flow-through private placement, raising gross proceeds of approximately $666,655 through the issuance of 9.52 million flow-through units priced at $0.07, each unit comprising one flow-through share and half a warrant exercisable at $0.09 until December 2028. The financing, which included finder’s fees, finder’s warrants and is subject to a four-month hold, will fund Canadian exploration expenses at the company’s Ammo project in Nova Scotia, strengthening its ability to advance a key critical-minerals asset within its broader antimony, gold and lithium portfolio.
More about Armory Mining
Armory Mining Corp. is a Canadian resource exploration company focused on minerals critical to the energy, security and defense sectors. It holds a 100% interest in the Ammo antimony-gold project in Nova Scotia, an 80% interest in the Candela II lithium brine project in Argentina’s Incahuasi Salar, and an option to acquire a 100% interest in the Riley Creek antimony-gold project in Haida Gwaii, British Columbia.
Average Trading Volume: 689,555
Technical Sentiment Signal: Sell
Current Market Cap: C$3.5M
See more data about ARMY stock on TipRanks’ Stock Analysis page.