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An announcement from Blast Resources Inc. ( (TSE:BLST) ) is now available.
Blast Resources Inc. announced a non-brokered private placement offering to raise between $200,000 and $215,000 through the issuance of up to 860,000 units, each comprising one common share and one warrant. The proceeds will fund exploration activities at the Wales Lake property and general corporate purposes. Additionally, the company granted stock options and restricted share units to consultants and a director, enhancing its equity incentive plan. This strategic financial move aims to bolster the company’s exploration capabilities and strengthen its market position in the uranium sector.
More about Blast Resources Inc.
Blast Resources Inc. is a mineral exploration company trading on the Canadian Securities Exchange (CSE). The company focuses on uranium exploration in the Athabasca Basin, Saskatchewan, with a project located near Highway 955 south of Wales Lake.
Average Trading Volume: 14,648
Technical Sentiment Signal: Hold
Current Market Cap: C$5.09M
Learn more about BLST stock on TipRanks’ Stock Analysis page.