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Arya Resources Ltd ( (TSE:RBZ) ) has issued an announcement.
Arya Resources Ltd has successfully closed an oversubscribed non-flow-through financing, raising $510,000 through the issuance of 5,100,000 units, surpassing its initial target by 900,000 units. The financing was supported by insider participation, and the proceeds will be used for exploration expenditures on the company’s mineral properties in Saskatchewan and for general working capital purposes. This strategic capital infusion strengthens Arya’s operational capabilities and positions it favorably for future exploration activities, particularly in its Wedge Lake Gold project.
More about Arya Resources Ltd
Arya Resources Ltd (RBZ.V) is a tier-2 listed mining and mineral exploration company focused on acquiring, exploring, and developing precious and energy metals such as gold, silver, copper, nickel, and cobalt in stable jurisdictions.
Average Trading Volume: 52,585
Technical Sentiment Signal: Buy
Current Market Cap: C$5.18M
For detailed information about RBZ stock, go to TipRanks’ Stock Analysis page.