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The latest announcement is out from Casa Minerals ( (TSE:CASA) ).
Casa Minerals Inc. has launched a non-brokered private placement to raise up to $800,000 through the issuance of as many as 6.4 million units at $0.125 per unit, each comprising one share and a two-year warrant with a step-up exercise price structure. The financing, which includes a finder’s fee and is subject to regulatory approval and a standard four-month hold period, is intended to fund general and administrative expenses and support property investigations across the company’s gold and copper exploration projects in Arizona and British Columbia, underscoring its efforts to advance its portfolio without relying on brokered capital markets channels.
More about Casa Minerals
Casa Minerals Inc. is a Vancouver-based junior exploration company focused on gold and copper projects in Arizona and British Columbia. Its flagship work includes gold exploration at the historic, past-producing Congress Gold Mine in Arizona and copper-gold exploration in British Columbia, backed by a management team with a record of mineral discoveries and an explicit focus on advancing economic deposits for shareholder value.
Average Trading Volume: 138,644
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$11.17M
Learn more about CASA stock on TipRanks’ Stock Analysis page.