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Clarity Gold ( (TSE:CMET) ) has shared an announcement.
Clarity Metals Corp. has closed the second tranche of its previously announced non-brokered private placement, issuing 280,000 flow-through units at $0.09 per unit for gross proceeds of $25,200, bringing total proceeds from both tranches to approximately $1.12 million and formally closing both the non-flow-through and flow-through components of the offering. Each flow-through unit consists of one flow-through common share and one-half of a warrant exercisable at $0.12 for three years, with the funds earmarked for qualifying Canadian exploration and critical mineral mining expenditures, reinforcing the company’s capital position to advance its mineral exploration activities while subjecting the new securities to a standard four-month-plus-one-day hold period.
More about Clarity Gold
Clarity Metals Corp. is a Vancouver-based Canadian mineral exploration project generator focused on the acquisition, exploration and development of precious and base metals projects. The company operates globally, targeting jurisdictions with established legal and regulatory frameworks that support mining investment, and is listed on the Canadian Securities Exchange under the symbol CMET.
Average Trading Volume: 207,211
Technical Sentiment Signal: Hold
Current Market Cap: C$4.57M
For detailed information about CMET stock, go to TipRanks’ Stock Analysis page.