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Canadian Manganese Advances Financing and Debenture Redeeming

Canadian Manganese Advances Financing and Debenture Redeeming

Canadian Manganese Company Inc (TSE:CDMN) has released an update.

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Canadian Manganese Company Inc. has announced the anticipated closure of its non-dilutive royalty financing by May 31, 2024, and plans to redeem all outstanding $5 million senior secured convertible debentures by June 15, 2024. The company is advancing its goal to supply high-purity manganese for the rechargeable battery industry through its Woodstock Project.

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

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