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Arya Resources Ltd ( (TSE:RBZ) ) has shared an update.
Arya Resources Ltd. has closed the non-flow-through tranche of its previously announced non-brokered private placement, issuing 1,413,334 common shares at $0.30 per share and raising approximately $424,000. Combined with earlier flow-through and non-flow-through financings, the company has now secured a total of $1.644 million, paid associated finder’s fees in cash and warrants, and placed the new securities under a statutory hold period until mid-May 2026, bolstering its financial position to advance its Saskatchewan mineral 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 the Dunlop Nickel-Copper-Cobalt Project, both located in mining-friendly jurisdictions with established infrastructure, and operates as a Tier 2 issuer on the TSX Venture Exchange.
Average Trading Volume: 88,217
Technical Sentiment Signal: Buy
Current Market Cap: C$12.03M
For a thorough assessment of RBZ stock, go to TipRanks’ Stock Analysis page.