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Bathurst Metals Pursues Key Financing Amidst Market Challenges
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Bathurst Metals Pursues Key Financing Amidst Market Challenges

Bathurst Metals Corp (TSE:BMV) has released an update.

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Bathurst Metals Corp. is steadfastly pursuing a non-brokered private placement financing announced on January 31, 2024, aiming to raise up to $320,000 for its drilling program and working capital needs. Despite challenging market conditions, the company is issuing up to 4 million units at $0.08 each, with each unit including a share and a purchase warrant, the latter allowing the purchase of an additional share at $0.15 for one year, pending TSX Venture Exchange approval.

For further insights into TSE:BMV stock, check out TipRanks’ Stock Analysis page.

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