Black Mammoth Metals (TSE:BMM) has released an update.
Black Mammoth Metals Corporation has announced a private placement aimed to raise $2.8 million by offering up to 5.6 million shares at $0.50 each, including warrants. Funds raised will support development of the company’s mining properties in Nevada and California, debt elimination, working capital, and potential acquisitions. The company is advancing its portfolio with recent property acquisitions and ongoing exploration activities.
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