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Auscan Resources Initiates $225,000 Private Placement Financing

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Auscan Resources Initiates $225,000 Private Placement Financing

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Auscan Resources ( ($TSE:ACR.H) ) has provided an announcement.

Auscan Resources Inc. has announced a non-brokered private placement financing to raise up to $225,000 by issuing 1,500,000 units at $0.15 per unit. The financing will include participation from insiders and is intended to support the company’s working capital. This move is subject to approval by the TSX Venture Exchange and may impact the company’s financial stability and market positioning.

More about Auscan Resources

Auscan Resources Inc. operates in the resource sector, focusing on the exploration and development of mineral properties. The company is listed on the TSX Venture Exchange under the symbol ACR.H.

YTD Price Performance: 50.0%

Average Trading Volume: 875

Technical Sentiment Signal: Sell

Current Market Cap: C$618K

See more data about ACR.H stock on TipRanks’ Stock Analysis page.

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