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CopperEx Resources Corporation ( (TSE:CUEX) ) has shared an announcement.
CopperEx Resources Corporation announced a ‘best efforts’ private placement to raise C$1.5 million through the sale of units each containing one common share and a warrant. The funds will support exploration activities in Chile and Peru. The placement involves related party transactions, exempt from certain requirements, and is pending TSX Venture Exchange approval. This move could enhance CopperEx’s operational capacity in strategic mineral-rich regions, signaling potential growth and increased stakeholder interest.
More about CopperEx Resources Corporation
CopperEx Resources Corp. is a copper and gold focused exploration company with porphyry and porphyry-related projects located in Chile and Peru, situated in established mineral belts near producing mines.
YTD Price Performance: -25.00%
Average Trading Volume: 72,571
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.68M
Learn more about CUEX stock on TipRanks’ Stock Analysis page.