Battery X Metals (TSE:BATX) has released an update.
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Battery X Metals has successfully closed its non-brokered private placement, raising nearly $600,000 to be used for general working capital and outstanding payables. Additionally, the company has settled $600,000 of debt with insiders and creditors through the issuance of units. Both transactions received shareholder approval and the securities are subject to a hold period until April 2025.
For further insights into TSE:BATX stock, check out TipRanks’ Stock Analysis page.