Black Mammoth Metals (TSE:BMM) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
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.
For further insights into TSE:BMM stock, check out TipRanks’ Stock Analysis page.