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Academy Metals ( (TSE:BFM) ) has issued an update.
Bedford Metals Corp., a company involved in the mining industry, has successfully closed a non-brokered private placement, raising over $1 million through the issuance of flow-through common shares. Additionally, Bedford has completed the acquisition of the Ubiquity Lake and Sheppard Lake Uranium Projects by issuing common shares to fulfill payment obligations, which strengthens its position in the uranium sector. The completion of these transactions is expected to enhance Bedford’s operational capabilities and market presence, although the shares issued are subject to resale restrictions until February 2026.
More about Academy Metals
Average Trading Volume: 65,523
Technical Sentiment Signal: Sell
Current Market Cap: C$19.86M
Learn more about BFM stock on TipRanks’ Stock Analysis page.