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Arctic Fox Minerals Corp. ( (TSE:COMT) ) has issued an update.
Collective Metals Inc. has announced a non-brokered private placement to raise up to $1.5 million through the issuance of 17,647,058 units, each consisting of a common share and a warrant. The funds will be used for exploration and general working capital, potentially enhancing the company’s exploration capabilities and market position.
More about Arctic Fox Minerals Corp.
Collective Metals Inc. is a resource exploration company focused on critical and precious metals exploration in North America. The company’s Rocas project spans 4,002 hectares and is located near the Athabasca Basin, hosting several uranium showings with historical mineralized samples.
Average Trading Volume: 76,661
Technical Sentiment Signal: Hold
For a thorough assessment of COMT stock, go to TipRanks’ Stock Analysis page.