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Bessor Minerals Inc ( (TSE:BST) ) just unveiled an announcement.
Bessor Minerals Inc. has successfully closed a non-brokered private placement, raising $100,000 through the issuance of 5,000,000 common shares. The proceeds are intended for exploration, potential acquisitions, and general working capital, with the transaction subject to TSX Venture Exchange approval. Additionally, Bessor has terminated its option to earn a 60% interest in the Easter Gold Project in Nevada, signaling a strategic shift in its project focus.
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: 13,482
Technical Sentiment Signal: Sell
Current Market Cap: C$657.1K
Learn more about BST stock on TipRanks’ Stock Analysis page.