Big Red Mining Closes Successful Private Placement

Big Red Mining Corp (TSE:RED) has released an update.

Big Red Mining Corp. successfully closed a flow-through private placement, raising $757,050 through the issuance of common shares priced at $0.21 each. The funds will be dedicated to property exploration, including the promising Antimony 2.0 Property in New Brunswick and the Dobie Lake Copper Project in Ontario.

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