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An announcement from Bathurst Metals ( (TSE:BMV) ) is now available.
Bathurst Metals Corp. has successfully closed the final tranche of its non-brokered private placement, raising a total of $340,750 through the issuance of 4,543,334 units. The proceeds from this private placement will be used for working capital, and the transaction involved a related party, which was exempt from certain regulatory requirements. This financial move is expected to support Bathurst’s operational capabilities and potentially strengthen its position in the mining sector.
More about Bathurst Metals
Bathurst Metals Corp. operates in the mining industry, focusing on the exploration and development of mineral properties. The company is involved in the acquisition and management of mineral resources, aiming to enhance its market presence through strategic investments.
Average Trading Volume: 42,452
Technical Sentiment Signal: Buy
Current Market Cap: C$4.09M
Learn more about BMV stock on TipRanks’ Stock Analysis page.