Atco Mining Launches Private Placement Offer

Atco Mining Inc. (TSE:ATCM) has released an update.

Atco Mining Inc. has announced an impending non-brokered private placement aiming to raise $230,000 through the sale of flow-through units, which include common shares and warrants. The proceeds are earmarked for Canadian exploration expenses, with the offering having garnered full subscription and set to close within the week. Atco’s focus is on exploring green energy metals in Canada, including uranium in the Athabasca Basin and salt in Western Newfoundland.

For further insights into TSE:ATCM stock, check out TipRanks’ Stock Analysis page.