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Cascadia Minerals Ltd ( (TSE:CAM) ) has provided an announcement.
Cascadia Minerals Ltd. has announced a fully subscribed non-brokered private placement of C$3 million, which will fund expanded exploration at the Carmacks Copper project following its merger with Granite Creek Copper. The proceeds will support drilling near-surface sulfide targets and other exploration activities, potentially enhancing the company’s resource base and market position in critical minerals exploration.
More about Cascadia Minerals Ltd
Cascadia Minerals Ltd. is a Canadian junior mining company focused on discovering new copper and gold deposits in the Yukon and British Columbia. Their flagship property, Catch, in the Yukon, has shown promising copper-gold porphyry mineralization. The company is also involved in a merger with Granite Creek Copper Ltd., which will enhance its portfolio with the Carmacks Project in the Minto copper district.
Average Trading Volume: 393,347
Technical Sentiment Signal: Buy
Current Market Cap: C$11.23M
Learn more about CAM stock on TipRanks’ Stock Analysis page.