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Baselode Energy Corp ( (TSE:FIND) ) has issued an update.
Baselode Energy Corp. has successfully closed a $6 million private placement, selling 42,857,143 flow-through units at $0.14 each, with Red Cloud Securities Inc. acting as the sole agent. The proceeds will be used for exploration in the Thelon and Athabasca Basins, targeting critical minerals, and are expected to enhance the company’s exploration capabilities and market positioning in the critical minerals sector.
More about Baselode Energy Corp
Baselode Energy Corp. is a company engaged in the exploration of mineral resources, primarily focusing on critical minerals in the Athabasca Basin area of northern Canada. The company controls 100% of approximately 226,128 hectares for exploration, emphasizing the development of resources in this region.
Average Trading Volume: 234,696
Technical Sentiment Signal: Sell
Current Market Cap: C$10.76M
Find detailed analytics on FIND stock on TipRanks’ Stock Analysis page.