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The latest update is out from Casa Minerals ( (TSE:CASA) ).
Casa Minerals Inc. announced a non-brokered private placement offering of up to 10,909,091 flow-through units at $0.055 each, aiming to raise up to $600,000. The proceeds will be used for exploration and development activities on its projects in British Columbia, Canada. The offering includes a 4-month hold period for securities and is subject to TSX Venture Exchange approval. This move is expected to bolster Casa’s operational capabilities and strengthen its position in the mineral exploration industry.
More about Casa Minerals
Casa Minerals Inc. is engaged in the acquisition, exploration, and development of mineral properties in Canada and the USA. The company holds a 90% interest in the Congress gold mine in Arizona and a 100% interest in the polymetallic Pitman project in British Columbia, Canada. Additionally, Casa Minerals has an option to acquire a 75% interest in the Arsenault VMS Property in British Columbia.
YTD Price Performance: -50.0%
Average Trading Volume: 60,500
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.08M
For an in-depth examination of CASA stock, go to TipRanks’ Stock Analysis page.