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Atco Mining Inc. ( (TSE:ATCM) ) has issued an announcement.
Atco Mining Inc. has announced a non-brokered private placement to issue up to 77,000,000 common shares at $0.015 per share, aiming to raise approximately $1,155,000. The proceeds will primarily be used for general working capital purposes. This offering is accessible to existing shareholders through certain exemptions and is subject to regulatory approvals. The move could bolster Atco’s financial position, aiding its exploration activities in the green energy metals sector.
More about Atco Mining Inc.
Atco Mining Inc. is a junior exploration mining company focused on exploring green energy metals throughout Canada and is also involved in exploring salt opportunities in Western Newfoundland.
YTD Price Performance: 0.0%
Average Trading Volume: 116,197
Technical Sentiment Consensus Rating: Buy
See more insights into ATCM stock on TipRanks’ Stock Analysis page.