Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Azarga Metals ( (TSE:AZR) ) has shared an update.
Azarga Metals Corp. has announced a non-brokered private placement of up to 10 million units at $0.10 per unit to raise as much as $1 million, with each unit comprising one common share and half a warrant exercisable at $0.20 for two years. The financing, which remains subject to TSX Venture Exchange and other regulatory approvals and will be issued with a standard four‑month hold period, is intended to fund preparation of an exploration program at the company’s high-grade Marg copper project in Yukon and for general working capital, underscoring Azarga’s continued push to advance its flagship asset in a competitive junior mining market.
More about Azarga Metals
Azarga Metals Corp. is a TSX Venture Exchange-listed exploration company focused on its 100% owned high‑grade, copper-rich volcanogenic massive sulphide (VMS) Marg project located in the Keno Hill Silver District of Canada’s Yukon Territory. The company’s activities center on advancing this base metals asset through exploration work financed via equity capital markets.
Average Trading Volume: 16,496
Technical Sentiment Signal: Hold
Current Market Cap: C$10M
Learn more about AZR stock on TipRanks’ Stock Analysis page.