Collective Mining (TSE:CNL) has released an update.
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Collective Mining has increased its bought deal financing to C$35 million due to strong demand, offering 7,000,000 common shares at C$5.00 each. The proceeds will support the advancement of the Guayabales Project and other exploration opportunities. The offering is set to close on October 31, 2024, pending regulatory approvals.
For further insights into TSE:CNL stock, check out TipRanks’ Stock Analysis page.
