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Casa Minerals ( (TSE:CASA) ) just unveiled an update.
Casa Minerals closed the first tranche of its non-brokered private placement, issuing 4,917,000 units at $0.125 for $614,625, with warrants exercisable at $0.15 for three months and $0.20 thereafter, subject to a four-month hold and TSX Venture Exchange approval. The company will direct the proceeds toward general administration and exploration work in Arizona and British Columbia and plans to complete the remaining financing shortly, reinforcing its project pipeline while paying $24,000 in finder’s fees.
More about Casa Minerals
Casa Minerals is a Canadian junior mining company focused on acquiring, exploring, and developing precious and base metal properties, including the Congress gold mine in Arizona and the Pitman and Arsenault projects in British Columbia.
Average Trading Volume: 145,215
Technical Sentiment Signal: Buy
Current Market Cap: C$13.57M
See more data about CASA stock on TipRanks’ Stock Analysis page.