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Casa Minerals ( (TSE:CASA) ) just unveiled an update.
Casa Minerals Inc. announced the successful closing of an oversubscribed non-brokered private placement, raising a total of $738,174.97 through the issuance of 13,421,363 Flow-through Units. The proceeds will be used for exploration and development activities on the company’s projects in British Columbia, Canada. The completion of this private placement is pending approval from the TSX Venture Exchange, and the securities issued will be subject to a hold period in compliance with applicable securities laws.
More about Casa Minerals
Casa Minerals Inc. is involved 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, USA, 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: 15.00%
Average Trading Volume: 26,260
Technical Sentiment Signal: Sell
Current Market Cap: $2.62M
See more insights into CASA stock on TipRanks’ Stock Analysis page.