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An update from Canadian Critical Minerals ( (TSE:CCMI) ) is now available.
Canadian Critical Minerals Corp. has announced a private placement offering of up to $1 million, with the funds intended to support the application to restart the Bull River Mine project and for working capital. The offering, consisting of units priced at $0.035 each, includes common shares and warrants, and is expected to close by December 8, 2025, pending regulatory approvals. This move is significant for CCMI as it aims to bolster its operational capabilities and strengthen its position in the Canadian copper mining sector.
The most recent analyst rating on (TSE:CCMI) stock is a Buy with a C$0.22 price target. To see the full list of analyst forecasts on Canadian Critical Minerals stock, see the TSE:CCMI Stock Forecast page.
More about Canadian Critical Minerals
Canadian Critical Minerals Corp. (CCMI) is a mining company primarily focused on copper production assets in Canada. Its main asset is the 100% owned Bull River Mine project near Cranbrook, British Columbia, which contains copper, gold, and silver. CCMI also holds a 5.3% interest in XXIX Metal Corp., which owns the Thierry copper project in Ontario and the Opemiska copper project in Quebec.
Average Trading Volume: 446,385
Technical Sentiment Signal: Hold
Current Market Cap: C$10.47M
Find detailed analytics on CCMI stock on TipRanks’ Stock Analysis page.