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The latest update is out from Arya Resources Ltd ( (TSE:RBZ) ).
Arya Resources Ltd. has announced a fully subscribed Critical Mineral Exploration Tax Credit (CMETC) flow-through financing of $500,000 and an increase in its standard flow-through offering to $720,000, alongside a confirmation of $600,000 in non-flow-through financing. The total combined gross proceeds from these offerings could reach up to $1,820,000, which will be used for eligible exploration expenditures on high-priority gold and critical mineral targets in Saskatchewan, as well as for general working capital and corporate purposes. This financial boost is expected to enhance Arya’s exploration efforts and strengthen its position in the mineral exploration industry.
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.
Average Trading Volume: 57,379
Technical Sentiment Signal: Buy
Current Market Cap: C$11.23M
For detailed information about RBZ stock, go to TipRanks’ Stock Analysis page.