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An announcement from Canoe Mining Ventures ( (TSE:CLV) ) is now available.
Canoe Mining Ventures Corp. has successfully closed a non-brokered private placement, raising $575,000 through the issuance of 11,500,000 units. The proceeds will be used for acquiring and evaluating new mineral exploration properties, advancing existing projects, and general corporate purposes. This transaction, involving insider participation, did not result in any new control persons and awaits final approval from the TSX Venture Exchange.
More about Canoe Mining Ventures
Canoe Mining Ventures Corp. is a Canadian mineral exploration company focused on identifying, acquiring, and advancing high-potential exploration assets across Canada. The company aims to generate value through strategic property acquisitions, geological evaluation, and disciplined project development in regions with strong mining frameworks and infrastructure.
Average Trading Volume: 9,100
Technical Sentiment Signal: Buy
Current Market Cap: C$2.41M
Learn more about CLV stock on TipRanks’ Stock Analysis page.