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Arya Resources Ltd ( (TSE:RBZ) ) has shared an update.
Arya Resources Ltd. announced a Critical Mineral Flow-Through financing of up to $500,000 to support exploration at its Dunlop Nickel-Copper-Cobalt Project in Saskatchewan. This financing will be conducted through a non-brokered private placement of up to 1,515,151 flow-through common shares, aimed at funding eligible Canadian exploration expenses. The initiative is part of Arya’s strategy to enhance its exploration activities for critical minerals, potentially qualifying for the Critical Mineral Exploration Tax Credit. This financing complements a previously announced private placement, reflecting Arya’s ongoing efforts to secure funding for its exploration projects.
More about Arya Resources Ltd
Arya Resources Ltd. is a Canadian mineral exploration company focused on acquiring, exploring, and developing precious and critical-metal projects in Saskatchewan. The company is advancing its flagship Wedge Lake Gold Project and Dunlop Nickel-Copper-Cobalt Project, both located in mining-friendly jurisdictions with excellent infrastructure. As a Tier 2 issuer on the TSX Venture Exchange, Arya is committed to building shareholder value through discovery-driven exploration, disciplined execution, and responsible development.
Average Trading Volume: 61,725
Technical Sentiment Signal: Buy
Current Market Cap: C$10.86M
For a thorough assessment of RBZ stock, go to TipRanks’ Stock Analysis page.