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Bessor Minerals Inc ( (TSE:BST) ) has provided an update.
Bessor Minerals Inc. announced a non-brokered private placement offering of up to 6,250,000 common shares at $0.02 per share, aiming to raise $125,000. The proceeds will be used for exploration, potential acquisitions, and general working capital. The placement is subject to regulatory approvals and is expected to close by June 13, 2025. Additionally, the company announced the resignation of director Ronald H. McMillan, who is leaving to pursue personal interests.
More about Bessor Minerals Inc
Bessor Minerals Inc. is focused on the exploration and development of the Redhill volcanogenic massive sulphide deposit in British Columbia. The company also holds a 1% NSR on certain claims in the Blackwater Mine operated by Artemis Gold Inc.
Average Trading Volume: 13,459
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$657.1K
For a thorough assessment of BST stock, go to TipRanks’ Stock Analysis page.