Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Benz Capital Corp. ( (TSE:AVR) ) has shared an announcement.
Avaron Mining Corp. has successfully closed a portion of its non-brokered private placement, issuing 1,320,000 common shares at $0.05 per share, raising $66,000. The funds will be used for general working capital. Notably, the transaction included a related party transaction involving the purchase of shares by the company’s chairman and a director, which is exempt from certain regulatory requirements due to its size relative to the company’s market capitalization.
More about Benz Capital Corp.
Avaron Mining Corp. is a company that combines a team of experienced engineers, geologists, and finance professionals focused on acquiring and developing mineral projects. The company emphasizes operations in safe, low-risk jurisdictions conducive to mining development and is working towards a 100% interest in the Tolisnica and Stanca Copper Property in Serbia.
Average Trading Volume: 41,607
Technical Sentiment Signal: Sell
Current Market Cap: C$897.9K
See more insights into AVR stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue