TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Clarity Gold ( (TSE:CMET) ) has provided an update.
Clarity Metals Corp. has announced a non-brokered private placement offering of up to 15 million units at $0.03 per unit, aiming to raise up to $450,000. The proceeds will be used for general working capital and mineral exploration, potentially increasing by 15% to meet additional demand. Each unit includes a common share and a warrant, with warrants allowing the purchase of additional shares at $0.05 within two years. This move is expected to bolster Clarity’s financial resources for ongoing exploration activities, enhancing its position within the mineral exploration sector.
More about Clarity Gold
Clarity Metals Corp. is a Canadian mineral exploration project generator company focused on the acquisition, exploration, and development of precious and base metals projects. The company’s exploration mandate is global, targeting countries with established legal and regulatory systems that support mining investment. Clarity Metals is based in Vancouver, British Columbia, and is listed on the Canadian Securities Exchange under the symbol ‘CMET’.
Average Trading Volume: 39,918
Technical Sentiment Signal: Sell
Current Market Cap: C$1.39M
For detailed information about CMET stock, go to TipRanks’ Stock Analysis page.